1 N Main AveSylacaugaAL35150
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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 Sylacauga at 1 N Main Ave, Sylacauga, AL, 35150 generates $1,998/mo in rent and, after a $1,542/mo payment, leaves $210/mo in cash flow. Total monthly income is $1,998/mo, and annual cash flow is $2,520/yr on $104,423 invested. Return on cash invested sits at 22.32% in year one, and rental yield is 7.61% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 115.15% and total cumulative return in cash sums $120,245. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,998/mo property income rather than buyer’s personal income.
Single Family
Built in 1938
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35150, Sylacauga, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,821 (100%) |
| Owner Occupied HU | 4,731 (53.6%) |
| Renter Occupied HU | 3,046 (34.5%) |
| Vacant Housing Units | 1,044 (11.8%) |
| Median Home Value | $161,330 |
| Average Home Value | $187,470 |
Housing Distribution
Address Breakdown
Residential
7,852
Single Family
7,195
Multi-Family
657
Businesses
808
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Listed by: Ron Comer • Cotton State Realty, LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21401807
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.