15474 Main StTown CreekAL35672
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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 Town Creek at 15474 Main St, Town Creek, AL, 35672 generates $1,920/mo in rent and, after a $972/mo payment, leaves $799/mo in cash flow. Total monthly income is $1,920/mo, and annual cash flow is $9,589/yr on $65,803 invested. Return on cash invested sits at 34.48% in year one, and rental yield is 11.61% on a $198,500 entry. Equity gained on principal adds $1,281/yr, while 5% annual appreciation builds toward $54,842 over five years. Five-year ROI reaches 180.35% and total cumulative return in cash sums $118,673. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,920/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35672, Town Creek, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,912 (100%) |
| Owner Occupied HU | 2,018 (69.3%) |
| Renter Occupied HU | 494 (17.0%) |
| Vacant Housing Units | 400 (13.7%) |
| Median Home Value | $160,833 |
| Average Home Value | $189,808 |
Housing Distribution
Address Breakdown
Residential
2,810
Single Family
2,714
Multi-Family
96
Businesses
140
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Listed by: Sarah P Terry • American Realty Company LLC
Mls Name: Strategic MLS Alliance
Mls ID: #524400