1507 Hickory StALBERTVILLEAL35950
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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 ALBERTVILLE at 1507 Hickory St, ALBERTVILLE, AL, 35950 generates $2,486/mo in rent and, after a $638/mo payment, leaves $1,750/mo in cash flow. Total monthly income is $2,486/mo, and annual cash flow is $21,003/yr on $43,194 invested. Return on cash invested sits at 68.53% in year one, and rental yield is 22.89% on a $130,300 entry. Equity gained on principal adds $841/yr, while 5% annual appreciation builds toward $35,999 over five years. Five-year ROI reaches 362.97% and total cumulative return in cash sums $156,781. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,486/mo property income rather than buyer’s personal income.
Single Family
Built in 1982
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35950, Albertville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,508 (100%) |
| Owner Occupied HU | 5,109 (60.0%) |
| Renter Occupied HU | 2,948 (34.6%) |
| Vacant Housing Units | 451 ( 5.3%) |
| Median Home Value | $160,244 |
| Average Home Value | $196,905 |
Housing Distribution
Address Breakdown
Residential
8,069
Single Family
7,612
Multi-Family
457
Businesses
1,013
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