152 6th St WGrantAL35747
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Grant at 152 6th St W, Grant, AL, 35747 generates $1,512/mo in rent and, after a $861/mo payment, leaves $519/mo in cash flow. Total monthly income is $1,512/mo, and annual cash flow is $6,229/yr on $58,311 invested. Return on cash invested sits at 30.59% in year one, and rental yield is 10.31% on a $175,900 entry. Equity gained on principal adds $1,135/yr, while 5% annual appreciation builds toward $48,598 over five years. Five-year ROI reaches 159.49% and total cumulative return in cash sums $93,001. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,512/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35747, Grant, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,950 (100%) |
| Owner Occupied HU | 2,058 (69.8%) |
| Renter Occupied HU | 463 (15.7%) |
| Vacant Housing Units | 429 (14.5%) |
| Median Home Value | $289,329 |
| Average Home Value | $335,220 |
Housing Distribution
Address Breakdown
Residential
2,752
Single Family
2,726
Multi-Family
26
Businesses
116
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices