146 4th Ave NCentrevilleAL35042
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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 Centreville at 146 4th Ave N, Centreville, AL, 35042 offers a 9.61% rental yield on a $159,900 purchase with $1,281/mo rent. Total monthly income registers $1,281/mo, and a $783/mo payment leaves $378/mo available for distribution. Annual cash flow reaches $4,537/yr on $53,007 to close, and return on cash invested stands at 28.47% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,177 over five years. Portfolio math shows five-year ROI at 148.11% and total cumulative return in cash at $78,510. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,281/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35042, Centreville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,618 (100%) |
| Owner Occupied HU | 1,547 (59.1%) |
| Renter Occupied HU | 707 (27.0%) |
| Vacant Housing Units | 364 (13.9%) |
| Median Home Value | $161,572 |
| Average Home Value | $182,723 |
Housing Distribution
Address Breakdown
Residential
2,545
Single Family
2,545
Multi-Family
0
Businesses
240
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Listed by: Julie Holdsambeck • eXp Realty, LLC Central
Mls Name: GALMLS
Mls ID: #21440068