1307 3rd Ave SWAlabasterAL35007
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 Alabaster at 1307 3rd Ave SW, Alabaster, AL, 35007 earns $953/mo cash flow from $2,392/mo rent with a $1,248/mo payment. Total monthly income totals $2,392/mo, and annual cash flow totals $11,433/yr on $84,533 capital. ROI tracks 33.43% on current figures, and rental yield reads 11.26% at a $255,000 purchase. Equity gained on principal adds $1,645/yr, and 5% annual appreciation supports $70,452 over five years. Five-year ROI reaches 174.66% and total cumulative return in cash sums $147,644. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,392/mo property income instead of your personal income.
Single Family
Built in 1972
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35007, Alabaster, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,730 (100%) |
| Owner Occupied HU | 8,592 (80.1%) |
| Renter Occupied HU | 1,767 (16.5%) |
| Vacant Housing Units | 371 ( 3.5%) |
| Median Home Value | $283,979 |
| Average Home Value | $334,122 |
Housing Distribution
Address Breakdown
Residential
10,478
Single Family
9,866
Multi-Family
612
Businesses
1,121
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices