1477 Highway 46ShelbyAL35143
Nearby investment properties with comparable rents
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 Shelby at 1477 Highway 46, Shelby, AL, 35143 listed at $375,000 pairs $2,018/mo rent with a $1,835/mo payment. Total monthly income runs $2,018/mo. Return on cash invested measures 18.96% in year one, and rental yield registers 6.46% at a $375,000 basis. Equity gained on principal adds $2,420/yr, and annual property appreciation at 5% supports $103,606 by year five. Five-year ROI tracks 97.04% and total cumulative return in cash totals $120,639. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,018/mo property income relative to a $1,835/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1989
12.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35143, Shelby, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,983 (100%) |
| Owner Occupied HU | 1,233 (62.2%) |
| Renter Occupied HU | 230 (11.6%) |
| Vacant Housing Units | 520 (26.2%) |
| Median Home Value | $357,595 |
| Average Home Value | $371,283 |
Housing Distribution
Address Breakdown
Residential
1,686
Single Family
1,686
Multi-Family
0
Businesses
45
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sue Walker • Keller Williams Metro South
Mls Name: GALMLS
Mls Provider:
Mls ID: #21419580
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.