1286 Summerville RdBoazAL35957
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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 Boaz at 1286 Summerville Rd, Boaz, AL, 35957 uses $69,284 cash to close to unlock $6,783/yr annual cash flow and $565/mo monthly cash flow. Total monthly income runs $1,745/mo, and a $1,023/mo payment keeps the spread at $565/mo. Purchase price stands at $209,000, and rental yield measures 10.02% with $1,745/mo rent. Return on cash invested shows 29.7% in year one, and 5% annual appreciation builds toward $57,743 over five years. Five-year ROI reaches 154.67% and total cumulative return in cash records $107,162. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,745/mo property income covering a $1,023/mo payment rather than investor’s personal income.
Single Family
Built in 1966
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35957, Boaz, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,939 (100%) |
| Owner Occupied HU | 4,244 (61.2%) |
| Renter Occupied HU | 2,249 (32.4%) |
| Vacant Housing Units | 446 ( 6.4%) |
| Median Home Value | $164,615 |
| Average Home Value | $229,480 |
Housing Distribution
Address Breakdown
Residential
6,455
Single Family
6,018
Multi-Family
437
Businesses
662
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