884 County Road 60SkippervilleAL36374
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Skipperville at 884 County Road 60, Skipperville, AL, 36374 earns $263/mo cash flow from $1,617/mo rent with a $1,174/mo payment. Total monthly income totals $1,617/mo, and annual cash flow totals $3,157/yr on $79,527 capital. ROI tracks 23.88% on current figures, and rental yield reads 8.09% at a $239,900 purchase. Equity gained on principal adds $1,548/yr, and 5% annual appreciation supports $66,280 over five years. Five-year ROI reaches 123.48% and total cumulative return in cash sums $98,203. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,617/mo property income instead of your personal income.
Single Family
Built in 2024
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36374, Skipperville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 468 (100%) |
| Owner Occupied HU | 336 (71.8%) |
| Renter Occupied HU | 50 (10.7%) |
| Vacant Housing Units | 82 (17.5%) |
| Median Home Value | $119,444 |
| Average Home Value | $154,940 |
Housing Distribution
Address Breakdown
Residential
525
Single Family
525
Multi-Family
0
Businesses
15
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Listed by: Darrell Reid • Lan Darty Real Estate & Development
Mls Name: SAMLS
Mls ID: #201475
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.