1430 Washington StSelmaAL36703
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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 Selma at 1430 Washington St, Selma, AL, 36703 offers a 10.76% rental yield on a $173,900 purchase with $1,560/mo rent. Total monthly income registers $1,560/mo, and a $851/mo payment leaves $579/mo available for distribution. Annual cash flow reaches $6,943/yr on $57,648 to close, and return on cash invested stands at 31.95% in year one. Equity gained on principal adds $1,122/yr while 5% annual appreciation supports $48,045 over five years. Portfolio math shows five-year ROI at 166.75% and total cumulative return in cash at $96,130. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,560/mo property income against a $851/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
1,442 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36703, Selma, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,692 (100%) |
| Owner Occupied HU | 2,477 (43.5%) |
| Renter Occupied HU | 2,332 (41.0%) |
| Vacant Housing Units | 883 (15.5%) |
| Median Home Value | $85,769 |
| Average Home Value | $123,568 |
Housing Distribution
Address Breakdown
Residential
4,773
Single Family
4,319
Multi-Family
454
Businesses
356
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