108 Grace AveBridgeportAL35740
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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
Investment property for sale in Bridgeport at 108 Grace Ave, Bridgeport, AL, 35740 with 5% annual appreciation on a $177,550 basis while $1,140/mo rent supports operations. Total monthly income totals $1,140/mo and a $869/mo payment preserves $138/mo for cash returns. Annual cash flow comes to $1,654/yr on $58,858 deployed, and return on cash invested reaches 22.72% in year one. Equity gained on principal adds $1,146/yr, and five-year appreciation sums $49,054 alongside rental yield of 7.7%. Five-year ROI measures 117.2% and total cumulative return in cash totals $68,980.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,140/mo property income versus a $869/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1951
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35740, Bridgeport, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,722 (100%) |
| Owner Occupied HU | 1,037 (60.2%) |
| Renter Occupied HU | 454 (26.4%) |
| Vacant Housing Units | 231 (13.4%) |
| Median Home Value | $149,709 |
| Average Home Value | $178,322 |
Housing Distribution
Address Breakdown
Residential
1,426
Single Family
1,402
Multi-Family
24
Businesses
83
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Listed by: Adriane Hart • Waterfront Intl Realty
Mls Name: ValleyMLS
Mls ID: #21895758