Zip Code 36612 โ€” Prichard, AL

๐ŸŸขSTRONGโ€” excellent cash flow market
A

Excellent

Strong cash flow + low risk ยท Score: 84/100

Cap Rate

16.8%

Monthly Cash Flow

+$549

Median Home Price

$63,261

DSCR

2.63

Fair Market Rents

Studio
$670/mo
1 Bedroom
$730/mo
2 Bedroom
$900/mo
3 Bedroom
$1,190/mo
4 Bedroom
$1,260/mo

Investment Metrics

Cap Rate
16.8%
Cash-on-Cash Return
45.3%
Price-to-Rent Ratio
4.4
1% Rule
1.88%
Gross Rent Multiplier
4.4
Vacancy Rate
8.0%

Assumptions Used

20% down payment, 6.52% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax

Customize these numbers in the calculator โ†’