8947 Taunton Pl,Morris,AL,35116

Investment Highlights

Investment property for sale in Morris at 8947 Taunton Pl, Morris, AL, 35116 offers a 7.09% rental yield on a $479,900 purchase with $2,837/mo rent. Total monthly income registers $2,837/mo, and a $2,349/mo payment leaves $128/mo available for distribution. Annual cash flow reaches $1,537/yr on $159,087 to close, and return on cash invested stands at 20.88% in year one. Equity gained on principal adds $3,097/yr while 5% annual appreciation supports $132,588 over five years. Portfolio math shows five-year ROI at 107.33% and total cumulative return in cash at $170,745. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,837/mo property income against a $2,349/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.