140 Waits RdAlbertvilleAL35951
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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 Albertville at 140 Waits Rd, Albertville, AL, 35951 earns $969/mo cash flow from $2,494/mo rent with a $1,287/mo payment. Total monthly income totals $2,494/mo, and annual cash flow totals $11,633/yr on $87,185 capital. ROI tracks 33.25% on current figures, and rental yield reads 11.38% at a $263,000 purchase. Equity gained on principal adds $1,697/yr, and 5% annual appreciation supports $72,662 over five years. Five-year ROI reaches 173.91% and total cumulative return in cash sums $151,619. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,494/mo property income instead of your personal income.
Single Family
Built in 1992
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35951, Albertville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,653 (100%) |
| Owner Occupied HU | 3,723 (65.9%) |
| Renter Occupied HU | 1,523 (26.9%) |
| Vacant Housing Units | 407 ( 7.2%) |
| Median Home Value | $153,580 |
| Average Home Value | $236,315 |
Housing Distribution
Address Breakdown
Residential
5,671
Single Family
5,532
Multi-Family
139
Businesses
166
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Listed by: Steven Koleno • Beycome Brokerage Realty
Mls Name: GALMLS
Mls Provider:
Mls ID: #21407069
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.