106 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
Rental property for sale in Albertville at 106 Collier Dr, Albertville, AL, 35951 offers $2,875/mo rent that, after a $2,198/mo payment, leaves $340/mo cash flow. Total monthly income is $2,875/mo, and annual cash flow is $4,083/yr on $148,844 cash. Return on cash invested measures 22.65% in year one, and rental yield stands at 7.68% at a $449,000 entry. Equity gained on principal adds $2,897/yr while 5% annual appreciation compounds into $124,050 by year five. Five-year ROI records 116.86% and total cumulative return in cash reaches $173,944. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,875/mo property income versus a $2,198/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.56 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: Shelli Walker • South Towne Realtors, LLC
Mls Name: ValleyMLS
Mls ID: #21899171