1161 State Highway 99AndersonAL35610
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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 Anderson at 1161 State Highway 99, Anderson, AL, 35610 offers a 9.12% rental yield on a $110,000 purchase with $836/mo rent. Total monthly income registers $836/mo, and a $538/mo payment leaves $216/mo available for distribution. Annual cash flow reaches $2,586/yr on $36,465 to close, and return on cash invested stands at 27% in year one. Equity gained on principal adds $710/yr while 5% annual appreciation supports $30,391 over five years. Portfolio math shows five-year ROI at 140.22% and total cumulative return in cash at $51,132. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $836/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
1.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35610, Anderson, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 901 (100%) |
| Owner Occupied HU | 640 (71.0%) |
| Renter Occupied HU | 141 (15.6%) |
| Vacant Housing Units | 120 (13.3%) |
| Median Home Value | $247,857 |
| Average Home Value | $290,242 |
Housing Distribution
Address Breakdown
Residential
823
Single Family
823
Multi-Family
0
Businesses
27
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