103 N Corning StAnnistonAL36201
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Anniston at 103 N Corning St, Anniston, AL, 36201 offers $1,734/mo rent that, after a $930/mo payment, leaves $662/mo cash flow. Total monthly income is $1,734/mo, and annual cash flow is $7,938/yr on $62,985 cash. Return on cash invested measures 32.51% in year one, and rental yield stands at 10.95% at a $190,000 entry. Equity gained on principal adds $1,226/yr while 5% annual appreciation compounds into $52,494 by year five. Five-year ROI records 169.77% and total cumulative return in cash reaches $106,932. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,734/mo property income versus a $930/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36201, Anniston, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,619 (100%) |
| Owner Occupied HU | 4,313 (50.0%) |
| Renter Occupied HU | 2,613 (30.3%) |
| Vacant Housing Units | 1,693 (19.6%) |
| Median Home Value | $83,629 |
| Average Home Value | $120,117 |
Housing Distribution
Address Breakdown
Residential
7,384
Single Family
7,140
Multi-Family
244
Businesses
983
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices