1602 Sheffield DrSheffieldAL35660
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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 1602 Sheffield Dr, Sheffield, AL, 35660 offers a 10.83% rental yield on a $135,000 purchase with $1,218/mo rent. Total monthly income registers $1,218/mo, and a $661/mo payment leaves $456/mo available for distribution. Annual cash flow reaches $5,469/yr on $44,753 to close, and return on cash invested stands at 32.13% in year one. Equity gained on principal adds $871/yr while 5% annual appreciation supports $37,298 over five years. Portfolio math shows five-year ROI at 167.7% and total cumulative return in cash at $75,049. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,218/mo property income against a $661/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
10,018 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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