98 County Road 636MentoneAL35984
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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 Mentone at 98 County Road 636, Mentone, AL, 35984 offers a 0% rental yield on a $575,000 purchase with $0/mo rent. 53% in year one. Equity gained on principal adds $3,710/yr while 5% annual appreciation supports $158,862 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $2,814/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35984, Mentone, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,331 (100%) |
| Owner Occupied HU | 715 (53.7%) |
| Renter Occupied HU | 152 (11.4%) |
| Vacant Housing Units | 464 (34.9%) |
| Median Home Value | $222,917 |
| Average Home Value | $292,136 |
Housing Distribution
Address Breakdown
Residential
1,025
Single Family
1,025
Multi-Family
0
Businesses
75
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No similar rental properties found nearby.
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Listed by: Becky Woodard • Hardy Realty and Developmnt Co
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21886482
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