1047 W Front St NThomasvilleAL36784
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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 Thomasville at 1047 W Front St N, Thomasville, AL, 36784 priced at $179,000 converts $1,465/mo rent into $455/mo cash flow after a $876/mo obligation. Total monthly income equals $1,465/mo, and annual cash flow totals $5,457/yr on $59,339 invested. Return on cash invested prints 29.11% in year one, and rental yield reads 9.82% against a $179,000 entry. Equity gained on principal adds $1,155/yr, while 5% annual appreciation compiles into $49,454 by year five. Five-year ROI reaches 151.43% and total cumulative return in cash sums $89,859. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,465/mo property income covering a $876/mo payment, not borrower’s personal income.
Single Family
Built in 1938
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36784, Thomasville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,761 (100%) |
| Owner Occupied HU | 2,178 (57.9%) |
| Renter Occupied HU | 845 (22.5%) |
| Vacant Housing Units | 738 (19.6%) |
| Median Home Value | $193,151 |
| Average Home Value | $232,951 |
Housing Distribution
Address Breakdown
Residential
3,214
Single Family
3,162
Multi-Family
52
Businesses
364
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Listed by: Alexandria Woodard • Village Properties
Mls Name: NY State MLS
Mls ID: #11459552