PARCEL Santa Barbara Dr S #BAbbevilleAL36310
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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 Abbeville at PARCEL Santa Barbara Dr S #B, Abbeville, AL, 36310 generates $2,076/mo in rent, after a $2,506/mo payment. Total monthly income is $2,076/mo. Return on cash invested sits at 14.26% in year one, and rental yield is 4.87% on a $512,000 entry. Equity gained on principal adds $3,304/yr, while 5% annual appreciation builds toward $141,456 over five years. Five-year ROI reaches 71.8% and total cumulative return in cash sums $120,943. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,076/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36310, Abbeville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,045 (100%) |
| Owner Occupied HU | 2,145 (53.0%) |
| Renter Occupied HU | 634 (15.7%) |
| Vacant Housing Units | 1,266 (31.3%) |
| Median Home Value | $126,862 |
| Average Home Value | $189,301 |
Housing Distribution
Address Breakdown
Residential
3,111
Single Family
3,111
Multi-Family
0
Businesses
248
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