12000 Highway 55SterrettAL35147
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Sterrett at 12000 Highway 55, Sterrett, AL, 35147 listed at $779,000 pairs $3,724/mo rent with a $3,813/mo payment. Total monthly income runs $3,724/mo. Return on cash invested measures 16.78% in year one, and rental yield registers 5.74% at a $779,000 basis. Equity gained on principal adds $5,027/yr, and annual property appreciation at 5% supports $215,223 by year five. Five-year ROI tracks 85.38% and total cumulative return in cash totals $218,822. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,724/mo property income relative to a $3,813/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
3.10 Acres lot
$N/A/sqft
$320 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35147, Sterrett, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,404 (100%) |
| Owner Occupied HU | 2,001 (83.2%) |
| Renter Occupied HU | 279 (11.6%) |
| Vacant Housing Units | 124 ( 5.2%) |
| Median Home Value | $333,491 |
| Average Home Value | $387,453 |
Housing Distribution
Address Breakdown
Residential
2,291
Single Family
2,248
Multi-Family
43
Businesses
71
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bob Kuykendall • ARC Realty 280
Mls Name: GALMLS
Mls Provider:
Mls ID: #21429985
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.