Reaves Dr #CCHQQ1MunfordAL36268
Nearby investment properties with comparable rents
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
Investment property for sale in Munford at Reaves Dr #CCHQQ1, Munford, AL, 36268 uses $73,825 cash to close to unlock $8,484/yr annual cash flow and $707/mo monthly cash flow. Total monthly income runs $1,964/mo, and a $1,090/mo payment keeps the spread at $707/mo. Purchase price stands at $222,700, and rental yield measures 10.58% with $1,964/mo rent. Return on cash invested shows 31.4% in year one, and 5% annual appreciation builds toward $61,528 over five years. Five-year ROI reaches 163.76% and total cumulative return in cash records $120,895. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,964/mo property income covering a $1,090/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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices