96 Mendy LnTroyAL36079
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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
Rental property for sale in Troy at 96 Mendy Ln, Troy, AL, 36079 generates $1,501/mo in rent and, after a $605/mo payment, leaves $803/mo in cash flow. Total monthly income is $1,501/mo, and annual cash flow is $9,639/yr on $41,007 invested. Return on cash invested sits at 43.41% in year one, and rental yield is 14.56% on a $123,700 entry. Equity gained on principal adds $798/yr, while 5% annual appreciation builds toward $34,176 over five years. Five-year ROI reaches 228.27% and total cumulative return in cash sums $93,605. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,501/mo property income rather than buyer’s personal income.
Manufactured
Built in 2009
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36079, Troy, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,002 (100%) |
| Owner Occupied HU | 3,081 (61.6%) |
| Renter Occupied HU | 1,450 (29.0%) |
| Vacant Housing Units | 471 ( 9.4%) |
| Median Home Value | $192,287 |
| Average Home Value | $214,284 |
Housing Distribution
Address Breakdown
Residential
4,610
Single Family
4,163
Multi-Family
447
Businesses
139
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