1505 Tracy StGuntersvilleAL35976
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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
Rental property for sale in Guntersville at 1505 Tracy St, Guntersville, AL, 35976 offers $1,976/mo rent that, after a $1,297/mo payment, leaves $480/mo cash flow. Total monthly income is $1,976/mo, and annual cash flow is $5,764/yr on $87,814 cash. Return on cash invested measures 26.47% in year one, and rental yield stands at 8.95% at a $264,900 entry. Equity gained on principal adds $1,709/yr while 5% annual appreciation compounds into $73,187 by year five. Five-year ROI records 137.37% and total cumulative return in cash reaches $120,632. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,976/mo property income versus a $1,297/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35976, Guntersville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,901 (100%) |
| Owner Occupied HU | 5,692 (63.9%) |
| Renter Occupied HU | 2,042 (22.9%) |
| Vacant Housing Units | 1,167 (13.1%) |
| Median Home Value | $309,624 |
| Average Home Value | $355,881 |
Housing Distribution
Address Breakdown
Residential
8,133
Single Family
7,824
Multi-Family
309
Businesses
939
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Listed by: Charles Cranford • Ainsworth Real Estate, LLC
Mls Name: ValleyMLS
Mls ID: #21897309