Fairbanks Plan, The Enclave at Kamden's CoveMillbrookAL36054
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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 Millbrook at Fairbanks Plan, The Enclave at Kamden's Cove, Millbrook, AL, 36054 priced at $341,099 converts $1,620/mo rent into after a $1,670/mo obligation. Total monthly income equals $1,620/mo. Return on cash invested prints 16.66% in year one, and rental yield reads 5.7% against a $341,099 entry. Equity gained on principal adds $2,201/yr, while 5% annual appreciation compiles into $94,239 by year five. Five-year ROI reaches 84.75% and total cumulative return in cash sums $95,835. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,620/mo property income covering a $1,670/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36054, Millbrook, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,676 (100%) |
| Owner Occupied HU | 4,286 (64.2%) |
| Renter Occupied HU | 2,097 (31.4%) |
| Vacant Housing Units | 293 ( 4.4%) |
| Median Home Value | $212,523 |
| Average Home Value | $233,007 |
Housing Distribution
Address Breakdown
Residential
6,189
Single Family
5,416
Multi-Family
773
Businesses
567
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