105 Cedar LnAttallaAL35954
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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 Attalla at 105 Cedar Ln, Attalla, AL, 35954 priced at $369,900 converts $2,587/mo rent into $500/mo cash flow after a $1,810/mo obligation. Total monthly income equals $2,587/mo, and annual cash flow totals $5,995/yr on $122,622 invested. Return on cash invested prints 24.8% in year one, and rental yield reads 8.39% against a $369,900 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation compiles into $102,197 by year five. Five-year ROI reaches 128.35% and total cumulative return in cash sums $157,390. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,587/mo property income covering a $1,810/mo payment, not borrower’s personal income.
Single Family
Built in 1966
3.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35954, Attalla, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,535 (100%) |
| Owner Occupied HU | 3,528 (63.7%) |
| Renter Occupied HU | 1,358 (24.5%) |
| Vacant Housing Units | 649 (11.7%) |
| Median Home Value | $165,921 |
| Average Home Value | $215,180 |
Housing Distribution
Address Breakdown
Residential
5,183
Single Family
5,057
Multi-Family
126
Businesses
378
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