1104 3rd Ave SClantonAL35045
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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 Clanton at 1104 3rd Ave S, Clanton, AL, 35045 earns $303/mo cash flow from $1,178/mo rent with a $759/mo payment. Total monthly income totals $1,178/mo, and annual cash flow totals $3,633/yr on $51,383 capital. ROI tracks 26.98% on current figures, and rental yield reads 9.12% at a $155,000 purchase. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 over five years. Five-year ROI reaches 140.06% and total cumulative return in cash sums $71,968. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,178/mo property income instead of your personal income.
Single Family
Built in 1900
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35045, Clanton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,508 (100%) |
| Owner Occupied HU | 4,206 (64.6%) |
| Renter Occupied HU | 1,727 (26.5%) |
| Vacant Housing Units | 575 ( 8.8%) |
| Median Home Value | $184,369 |
| Average Home Value | $199,867 |
Housing Distribution
Address Breakdown
Residential
6,540
Single Family
6,452
Multi-Family
88
Businesses
600
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