151 Bassmen DrParrishAL35580
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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 Parrish at 151 Bassmen Dr, Parrish, AL, 35580 offers a 9.51% rental yield on a $104,900 purchase with $831/mo rent. Total monthly income registers $831/mo, and a $513/mo payment leaves $239/mo available for distribution. Annual cash flow reaches $2,872/yr on $34,774 to close, and return on cash invested stands at 28.17% in year one. Equity gained on principal adds $677/yr while 5% annual appreciation supports $28,982 over five years. Portfolio math shows five-year ROI at 146.51% and total cumulative return in cash at $50,946. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $831/mo property income against a $513/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35580, Parrish, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,841 (100%) |
| Owner Occupied HU | 1,293 (70.2%) |
| Renter Occupied HU | 306 (16.6%) |
| Vacant Housing Units | 242 (13.1%) |
| Median Home Value | $119,742 |
| Average Home Value | $159,797 |
Housing Distribution
Address Breakdown
Residential
1,544
Single Family
1,544
Multi-Family
0
Businesses
63
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