1201 Larry DrScottsboroAL35769
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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 Scottsboro at 1201 Larry Dr, Scottsboro, AL, 35769 priced at $365,000 pairs $2,576/mo rent with $516/mo cash flow after a $1,786/mo payment. Total monthly income equals $2,576/mo, and annual cash flow comes to $6,195/yr on $120,998 invested. Return on cash invested is 25.03% in year one, and rental yield stands at 8.47% on a $365,000 basis. Equity gained on principal adds $2,355/yr, and 5% annual appreciation accumulates to $100,843 by year five. Five-year ROI measures 129.6% and total cumulative return in cash reaches $156,811. For financing, Ziffy Mortgage’s DSCR program evaluates $2,576/mo property income against a $1,786/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35769, Scottsboro, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,570 (100%) |
| Owner Occupied HU | 3,506 (62.9%) |
| Renter Occupied HU | 1,334 (23.9%) |
| Vacant Housing Units | 730 (13.1%) |
| Median Home Value | $217,774 |
| Average Home Value | $315,491 |
Housing Distribution
Address Breakdown
Residential
5,334
Single Family
4,456
Multi-Family
878
Businesses
222
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Listed by: Myra Tonmoy • Waterfront Intl Realty
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21889240
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