1403 Terrace RdSylacaugaAL35150
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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 Sylacauga at 1403 Terrace Rd, Sylacauga, AL, 35150 priced at $178,000 pairs $1,482/mo rent with $478/mo cash flow after a $871/mo payment. Total monthly income equals $1,482/mo, and annual cash flow comes to $5,730/yr on $59,007 invested. Return on cash invested is 29.62% in year one, and rental yield stands at 9.99% on a $178,000 basis. Equity gained on principal adds $1,149/yr, and 5% annual appreciation accumulates to $49,178 by year five. Five-year ROI measures 154.25% and total cumulative return in cash reaches $91,021. For financing, Ziffy Mortgage’s DSCR program evaluates $1,482/mo property income against a $871/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1965
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35150, Sylacauga, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,821 (100%) |
| Owner Occupied HU | 4,731 (53.6%) |
| Renter Occupied HU | 3,046 (34.5%) |
| Vacant Housing Units | 1,044 (11.8%) |
| Median Home Value | $161,330 |
| Average Home Value | $187,470 |
Housing Distribution
Address Breakdown
Residential
7,852
Single Family
7,195
Multi-Family
657
Businesses
808
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Listed by: Ashleigh Jones • Front Porch Realty, LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21398001
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.