149 County Road 1019ThorsbyAL35171
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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 Thorsby at 149 County Road 1019, Thorsby, AL, 35171 uses $84,533 cash to close to unlock $2,777/yr annual cash flow and $231/mo monthly cash flow. Total monthly income runs $1,738/mo, and a $1,248/mo payment keeps the spread at $231/mo. Purchase price stands at $255,000, and rental yield measures 8.18% with $1,738/mo rent. Return on cash invested shows 23.19% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 120.12% and total cumulative return in cash records $101,540. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,738/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 2022
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35171, Thorsby, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,700 (100%) |
| Owner Occupied HU | 1,316 (77.4%) |
| Renter Occupied HU | 231 (13.6%) |
| Vacant Housing Units | 153 ( 9.0%) |
| Median Home Value | $194,844 |
| Average Home Value | $222,990 |
Housing Distribution
Address Breakdown
Residential
1,333
Single Family
1,333
Multi-Family
0
Businesses
73
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Listed by: Susan Lehman • Team Lehman LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21395521
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.