1324 Grace Ave NWArabAL35016
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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 Arab at 1324 Grace Ave NW, Arab, AL, 35016 with 5% annual appreciation on a $304,100 basis while $1,854/mo rent supports operations. Total monthly income totals $1,854/mo and a $1,488/mo payment preserves $138/mo for cash returns. Annual cash flow comes to $1,655/yr on $100,809 deployed, and return on cash invested reaches 21.55% in year one. Equity gained on principal adds $1,962/yr, and five-year appreciation sums $84,017 alongside rental yield of 7.32%. Five-year ROI measures 110.93% and total cumulative return in cash totals $111,831.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,854/mo property income versus a $1,488/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1977
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35016, Arab, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,914 (100%) |
| Owner Occupied HU | 5,520 (69.7%) |
| Renter Occupied HU | 1,893 (23.9%) |
| Vacant Housing Units | 501 ( 6.3%) |
| Median Home Value | $222,561 |
| Average Home Value | $269,948 |
Housing Distribution
Address Breakdown
Residential
7,656
Single Family
7,333
Multi-Family
323
Businesses
643
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