144 3rd Ave SAkronAL35441
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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 Akron at 144 3rd Ave S, Akron, AL, 35441 at $224,900 posts ROI 25% with $316/mo cash flow from $1,586/mo rent. Total monthly income equals $1,586/mo, and annual cash flow records $3,796/yr on $74,554 to close. Return on cash invested measures 25% and rental yield reads 8.46% at the current $224,900. Equity gained on principal adds $1,451/yr, and 5% annual appreciation supports $62,136 by year five. Five-year ROI prints 129.48% and total cumulative return in cash totals $96,529.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,586/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1930
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35441, Akron, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 844 (100%) |
| Owner Occupied HU | 457 (54.1%) |
| Renter Occupied HU | 86 (10.2%) |
| Vacant Housing Units | 301 (35.7%) |
| Median Home Value | $114,113 |
| Average Home Value | $146,668 |
Housing Distribution
Address Breakdown
Residential
507
Single Family
507
Multi-Family
0
Businesses
20
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Listed by: Bart Stanley • Home Team Realty
Mls Name: WAMLS
Mls Provider:
Mls ID: #166209
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.