116 Wilson CirThorsbyAL35171
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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 Thorsby at 116 Wilson Cir, Thorsby, AL, 35171 priced at $203,000 pairs $1,710/mo rent with $564/mo cash flow after a $994/mo payment. Total monthly income equals $1,710/mo, and annual cash flow comes to $6,765/yr on $67,295 invested. Return on cash invested is 29.96% in year one, and rental yield stands at 10.11% on a $203,000 basis. Equity gained on principal adds $1,310/yr, and 5% annual appreciation accumulates to $56,085 by year five. Five-year ROI measures 156.05% and total cumulative return in cash reaches $105,014. For financing, Ziffy Mortgage’s DSCR program evaluates $1,710/mo property income against a $994/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35171, Thorsby, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,700 (100%) |
| Owner Occupied HU | 1,316 (77.4%) |
| Renter Occupied HU | 231 (13.6%) |
| Vacant Housing Units | 153 ( 9.0%) |
| Median Home Value | $194,844 |
| Average Home Value | $222,990 |
Housing Distribution
Address Breakdown
Residential
1,333
Single Family
1,333
Multi-Family
0
Businesses
73
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