102 1st St SWSylvaniaAL35988
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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 Sylvania at 102 1st St SW, Sylvania, AL, 35988 offers a 10.93% rental yield on a $180,000 purchase with $1,639/mo rent. Total monthly income registers $1,639/mo, and a $881/mo payment leaves $623/mo available for distribution. Annual cash flow reaches $7,476/yr on $59,670 to close, and return on cash invested stands at 32.44% in year one. Equity gained on principal adds $1,162/yr while 5% annual appreciation supports $49,731 over five years. Portfolio math shows five-year ROI at 169.3% and total cumulative return in cash at $101,021. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,639/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
1.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35988, Sylvania, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 815 (100%) |
| Owner Occupied HU | 577 (70.8%) |
| Renter Occupied HU | 160 (19.6%) |
| Vacant Housing Units | 78 ( 9.6%) |
| Median Home Value | $167,917 |
| Average Home Value | $209,818 |
Housing Distribution
Address Breakdown
Residential
755
Single Family
755
Multi-Family
0
Businesses
30
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