1604 Calloway StTuskegee InstituteAL36088
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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 Tuskegee Institute at 1604 Calloway St, Tuskegee Institute, AL, 36088 offers $875/mo rent that, after a $538/mo payment, leaves $255/mo cash flow. Total monthly income is $875/mo, and annual cash flow is $3,054/yr on $36,465 cash. Return on cash invested measures 28.28% in year one, and rental yield stands at 9.55% at a $110,000 entry. Equity gained on principal adds $710/yr while 5% annual appreciation compounds into $30,391 by year five. Five-year ROI records 147.1% and total cumulative return in cash reaches $53,640. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $875/mo property income versus a $538/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36088, Tuskegee Institute, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,925 (100%) |
| Owner Occupied HU | 645 (33.5%) |
| Renter Occupied HU | 790 (41.0%) |
| Vacant Housing Units | 490 (25.5%) |
| Median Home Value | $108,848 |
| Average Home Value | $159,973 |
Housing Distribution
Address Breakdown
Residential
1,276
Single Family
1,011
Multi-Family
265
Businesses
36
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Listed by: Abby Thornton • Intervest Realty Group
Mls Name: MAAR
Mls Provider:
Mls ID: #557046
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