LOT 1 Circle DrMonroevilleAL36460
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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 Monroeville at LOT 1 Circle Dr, Monroeville, AL, 36460 listed at $225,250 pairs $594/mo rent with a $1,102/mo payment. Total monthly income runs $594/mo. Return on cash invested measures 9.03% in year one, and rental yield registers 3.16% at a $225,250 basis. Equity gained on principal adds $1,454/yr, and annual property appreciation at 5% supports $62,232 by year five. Five-year ROI tracks 43.86% and total cumulative return in cash totals $32,751. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $594/mo property income relative to a $1,102/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36460, Monroeville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,919 (100%) |
| Owner Occupied HU | 2,845 (57.8%) |
| Renter Occupied HU | 1,296 (26.3%) |
| Vacant Housing Units | 778 (15.8%) |
| Median Home Value | $172,455 |
| Average Home Value | $206,851 |
Housing Distribution
Address Breakdown
Residential
4,271
Single Family
3,954
Multi-Family
317
Businesses
392
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Listed by: James Lazenby • Tutt Land Company
Mls Name: My State MLS
Mls ID: #11626380