16247 Highway 55SterrettAL35147
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Sterrett at 16247 Highway 55, Sterrett, AL, 35147 offers a 8.96% rental yield on a $199,100 purchase with $1,487/mo rent. Total monthly income registers $1,487/mo, and a $975/mo payment leaves $364/mo available for distribution. Annual cash flow reaches $4,364/yr on $66,002 to close, and return on cash invested stands at 26.52% in year one. Equity gained on principal adds $1,285/yr while 5% annual appreciation supports $55,008 over five years. Portfolio math shows five-year ROI at 137.6% and total cumulative return in cash at $90,817. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,487/mo property income against a $975/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35147, Sterrett, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,404 (100%) |
| Owner Occupied HU | 2,001 (83.2%) |
| Renter Occupied HU | 279 (11.6%) |
| Vacant Housing Units | 124 ( 5.2%) |
| Median Home Value | $333,491 |
| Average Home Value | $387,453 |
Housing Distribution
Address Breakdown
Residential
2,291
Single Family
2,248
Multi-Family
43
Businesses
71
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices