Reaves Dr #6Y53SKMunfordAL36268
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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 Munford at Reaves Dr #6Y53SK, Munford, AL, 36268 uses $62,952 cash to close to unlock $9,463/yr annual cash flow and $789/mo monthly cash flow. Total monthly income runs $1,860/mo, and a $929/mo payment keeps the spread at $789/mo. Purchase price stands at $189,900, and rental yield measures 11.75% with $1,860/mo rent. Return on cash invested shows 34.94% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 182.74% and total cumulative return in cash records $115,037. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,860/mo property income covering a $929/mo payment rather than investor’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36268, Munford, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,401 (100%) |
| Owner Occupied HU | 1,819 (75.8%) |
| Renter Occupied HU | 374 (15.6%) |
| Vacant Housing Units | 208 ( 8.7%) |
| Median Home Value | $150,463 |
| Average Home Value | $175,752 |
Housing Distribution
Address Breakdown
Residential
2,221
Single Family
2,221
Multi-Family
0
Businesses
87
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