103 Collier DrAlbertvilleAL35951
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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 Albertville at 103 Collier Dr, Albertville, AL, 35951 uses $122,324 cash to close to unlock $4,659/yr annual cash flow and $388/mo monthly cash flow. Total monthly income runs $2,471/mo, and a $1,806/mo payment keeps the spread at $388/mo. Purchase price stands at $369,000, and rental yield measures 8.04% with $2,471/mo rent. Return on cash invested shows 23.72% in year one, and 5% annual appreciation builds toward $101,948 over five years. Five-year ROI reaches 122.58% and total cumulative return in cash records $149,943. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,471/mo property income covering a $1,806/mo payment rather than investor’s personal income.
Single Family
Built in 1966
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35951, Albertville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,653 (100%) |
| Owner Occupied HU | 3,723 (65.9%) |
| Renter Occupied HU | 1,523 (26.9%) |
| Vacant Housing Units | 407 ( 7.2%) |
| Median Home Value | $153,580 |
| Average Home Value | $236,315 |
Housing Distribution
Address Breakdown
Residential
5,671
Single Family
5,532
Multi-Family
139
Businesses
166
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Listed by: Tracey Harper • South Towne Realtors, LLC
Mls Name: ValleyMLS
Mls ID: #21902572