Reaves Dr #9ILVDNMunfordAL36268
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Nearby investment properties with comparable prices
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 Munford at Reaves Dr #9ILVDN, Munford, AL, 36268 priced at $209,700 pairs $1,906/mo rent with $723/mo cash flow after a $1,026/mo payment. Total monthly income equals $1,906/mo, and annual cash flow comes to $8,673/yr on $69,516 invested. Return on cash invested is 32.38% in year one, and rental yield stands at 10.91% on a $209,700 basis. Equity gained on principal adds $1,353/yr, and 5% annual appreciation accumulates to $57,936 by year five. Five-year ROI measures 169.04% and total cumulative return in cash reaches $117,509. For financing, Ziffy Mortgage’s DSCR program evaluates $1,906/mo property income against a $1,026/mo payment instead of your W2s, 1099s, or Tax returns.
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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