140 N Commerce StSlocombAL36375
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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 Slocomb at 140 N Commerce St, Slocomb, AL, 36375 offers $1,337/mo rent that, after a $734/mo payment, leaves $491/mo cash flow. Total monthly income is $1,337/mo, and annual cash flow is $5,887/yr on $49,692 cash. Return on cash invested measures 31.76% in year one, and rental yield stands at 10.7% at a $149,900 entry. Equity gained on principal adds $967/yr while 5% annual appreciation compounds into $41,415 by year five. Five-year ROI records 165.68% and total cumulative return in cash reaches $82,331. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,337/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36375, Slocomb, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,600 (100%) |
| Owner Occupied HU | 2,392 (66.4%) |
| Renter Occupied HU | 719 (20.0%) |
| Vacant Housing Units | 489 (13.6%) |
| Median Home Value | $145,968 |
| Average Home Value | $176,801 |
Housing Distribution
Address Breakdown
Residential
3,354
Single Family
3,327
Multi-Family
27
Businesses
172
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