107 E Sterrett StColumbianaAL35051
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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 Columbiana at 107 E Sterrett St, Columbiana, AL, 35051 generates $2,089/mo in rent and, after a $1,539/mo payment, leaves $314/mo in cash flow. Total monthly income is $2,089/mo, and annual cash flow is $3,770/yr on $104,257 invested. Return on cash invested sits at 23.52% in year one, and rental yield is 7.97% on a $314,500 entry. Equity gained on principal adds $2,029/yr, while 5% annual appreciation builds toward $86,891 over five years. Five-year ROI reaches 121.55% and total cumulative return in cash sums $126,724. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,089/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35051, Columbiana, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,607 (100%) |
| Owner Occupied HU | 2,476 (68.6%) |
| Renter Occupied HU | 830 (23.0%) |
| Vacant Housing Units | 301 ( 8.3%) |
| Median Home Value | $329,118 |
| Average Home Value | $357,637 |
Housing Distribution
Address Breakdown
Residential
3,426
Single Family
3,254
Multi-Family
172
Businesses
333
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Listed by: Brian Thomas • RE/MAX Advantage
Mls Name: GALMLS
Mls ID: #21432259