1509 E 29th StSheffieldAL35660
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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 Sheffield at 1509 E 29th St, Sheffield, AL, 35660 earns $406/mo cash flow from $1,393/mo rent with a $856/mo payment. Total monthly income totals $1,393/mo, and annual cash flow totals $4,870/yr on $57,979 capital. ROI tracks 28.31% on current figures, and rental yield reads 9.56% at a $174,900 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,322 over five years. Five-year ROI reaches 147.16% and total cumulative return in cash sums $85,320. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,393/mo property income instead of your personal income.
Single Family
Built in 1950
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35660, Sheffield, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,175 (100%) |
| Owner Occupied HU | 2,449 (47.3%) |
| Renter Occupied HU | 2,041 (39.4%) |
| Vacant Housing Units | 685 (13.2%) |
| Median Home Value | $137,199 |
| Average Home Value | $170,423 |
Housing Distribution
Address Breakdown
Residential
4,528
Single Family
3,667
Multi-Family
861
Businesses
499
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