1106 Elm St NEAlicevilleAL35442
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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 Aliceville at 1106 Elm St NE, Aliceville, AL, 35442 priced at $114,900 pairs $879/mo rent with $70/mo cash flow after a $562/mo payment. Total monthly income equals $879/mo, and annual cash flow comes to $841/yr on $38,089 invested. Return on cash invested is 22.12% in year one, and rental yield stands at 9.18% on a $114,900 basis. Equity gained on principal adds $741/yr, and 5% annual appreciation accumulates to $31,745 by year five. Five-year ROI measures 115.97% and total cumulative return in cash reaches $44,174. For financing, Ziffy Mortgage’s DSCR program evaluates $879/mo property income against a $562/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1979
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35442, Aliceville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,285 (100%) |
| Owner Occupied HU | 1,344 (58.8%) |
| Renter Occupied HU | 529 (23.2%) |
| Vacant Housing Units | 412 (18.0%) |
| Median Home Value | $131,604 |
| Average Home Value | $225,638 |
Housing Distribution
Address Breakdown
Residential
2,055
Single Family
2,055
Multi-Family
0
Businesses
193
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Listed by: Derrick Seay • DSEAYCOM
Mls Name: WAMLS
Mls Provider:
Mls ID: #165737
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.