903 Myra StSaralandAL36571
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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 Saraland at 903 Myra St, Saraland, AL, 36571 offers a 9.76% rental yield on a $213,000 purchase with $1,733/mo rent. Total monthly income registers $1,733/mo, and a $1,043/mo payment leaves $530/mo available for distribution. Annual cash flow reaches $6,363/yr on $70,610 to close, and return on cash invested stands at 28.92% in year one. Equity gained on principal adds $1,374/yr while 5% annual appreciation supports $58,848 over five years. Portfolio math shows five-year ROI at 150.5% and total cumulative return in cash at $106,269. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,733/mo property income against a $1,043/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
9,478 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36571, Saraland, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,183 (100%) |
| Owner Occupied HU | 4,858 (67.6%) |
| Renter Occupied HU | 1,840 (25.6%) |
| Vacant Housing Units | 485 ( 6.8%) |
| Median Home Value | $226,544 |
| Average Home Value | $253,096 |
Housing Distribution
Address Breakdown
Residential
7,051
Single Family
6,242
Multi-Family
809
Businesses
737
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Listed by: Candace Odom • Bellator Real Estate, LLC
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #346433
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.