121 9th StAkronAL35441
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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 Akron at 121 9th St, Akron, AL, 35441 generates $851/mo in rent and, after a $553/mo payment, leaves $213/mo in cash flow. Total monthly income is $851/mo, and annual cash flow is $2,559/yr on $37,460 invested. Return on cash invested sits at 26.74% in year one, and rental yield is 9.04% on a $113,000 entry. Equity gained on principal adds $729/yr, while 5% annual appreciation builds toward $31,220 over five years. Five-year ROI reaches 138.92% and total cumulative return in cash sums $52,037. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $851/mo property income rather than buyer’s personal income.
Manufactured
Built in 2007
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35441, Akron, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 844 (100%) |
| Owner Occupied HU | 457 (54.1%) |
| Renter Occupied HU | 86 (10.2%) |
| Vacant Housing Units | 301 (35.7%) |
| Median Home Value | $114,113 |
| Average Home Value | $146,668 |
Housing Distribution
Address Breakdown
Residential
507
Single Family
507
Multi-Family
0
Businesses
20
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