120 Beard St SWDecaturAL35601
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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 Decatur at 120 Beard St SW, Decatur, AL, 35601 priced at $149,900 converts $1,438/mo rent into $592/mo cash flow after a $734/mo obligation. Total monthly income equals $1,438/mo, and annual cash flow totals $7,099/yr on $49,692 invested. Return on cash invested prints 34.19% in year one, and rental yield reads 11.51% against a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation compiles into $41,415 by year five. Five-year ROI reaches 178.75% and total cumulative return in cash sums $88,823. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,438/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1963
10,764 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35601, Decatur, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,105 (100%) |
| Owner Occupied HU | 7,958 (52.7%) |
| Renter Occupied HU | 6,057 (40.1%) |
| Vacant Housing Units | 1,090 ( 7.2%) |
| Median Home Value | $173,990 |
| Average Home Value | $223,578 |
Housing Distribution
Address Breakdown
Residential
13,960
Single Family
12,999
Multi-Family
961
Businesses
2,056
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