162 Brannon StAddisonAL35540
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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 Addison at 162 Brannon St, Addison, AL, 35540 uses $59,670 cash to close to unlock $11,160/yr annual cash flow and $930/mo monthly cash flow. Total monthly income runs $1,946/mo, and a $881/mo payment keeps the spread at $930/mo. Purchase price stands at $180,000, and rental yield measures 12.97% with $1,946/mo rent. Return on cash invested shows 38.61% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 202.42% and total cumulative return in cash records $120,785. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,946/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35540, Addison, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,207 (100%) |
| Owner Occupied HU | 843 (69.8%) |
| Renter Occupied HU | 164 (13.6%) |
| Vacant Housing Units | 200 (16.6%) |
| Median Home Value | $232,895 |
| Average Home Value | $273,932 |
Housing Distribution
Address Breakdown
Residential
969
Single Family
969
Multi-Family
0
Businesses
75
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Listed by: Christine Futvoye • Lake Homes Realty of Smith Lake
Mls Name: Strategic MLS Alliance
Mls ID: #522253
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.