160 1st Ave NSumitonAL35148
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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 Sumiton at 160 1st Ave N, Sumiton, AL, 35148 earns $169/mo cash flow from $1,240/mo rent with a $929/mo payment. Total monthly income totals $1,240/mo, and annual cash flow totals $2,023/yr on $62,952 capital. ROI tracks 23.12% on current figures, and rental yield reads 7.84% at a $189,900 purchase. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 over five years. Five-year ROI reaches 119.38% and total cumulative return in cash sums $75,149. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,240/mo property income instead of your personal income.
Single Family
Built in 2016
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35148, Sumiton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,143 (100%) |
| Owner Occupied HU | 734 (64.2%) |
| Renter Occupied HU | 286 (25.0%) |
| Vacant Housing Units | 123 (10.8%) |
| Median Home Value | $156,507 |
| Average Home Value | $177,371 |
Housing Distribution
Address Breakdown
Residential
1,077
Single Family
1,077
Multi-Family
0
Businesses
180
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