102 Baker DrCrossvilleAL35962
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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 Crossville at 102 Baker Dr, Crossville, AL, 35962 uses $84,533 cash to close to unlock $7,281/yr annual cash flow and $607/mo monthly cash flow. Total monthly income runs $2,046/mo, and a $1,248/mo payment keeps the spread at $607/mo. Purchase price stands at $255,000, and rental yield measures 9.63% with $2,046/mo rent. Return on cash invested shows 28.52% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 148.33% and total cumulative return in cash records $125,384. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,046/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in N/A
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35962, Crossville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,816 (100%) |
| Owner Occupied HU | 1,924 (68.3%) |
| Renter Occupied HU | 601 (21.3%) |
| Vacant Housing Units | 291 (10.3%) |
| Median Home Value | $162,043 |
| Average Home Value | $218,842 |
Housing Distribution
Address Breakdown
Residential
2,714
Single Family
2,714
Multi-Family
0
Businesses
107
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Listed by: Brock Rutledge • Canopy Realty LLC
Mls Name: ValleyMLS
Mls ID: #21888185