168 Sharp RdSomervilleAL35670
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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 Somerville at 168 Sharp Rd, Somerville, AL, 35670 offers a 9.4% rental yield on a $219,000 purchase with $1,715/mo rent. Total monthly income registers $1,715/mo, and a $1,072/mo payment leaves $479/mo available for distribution. Annual cash flow reaches $5,745/yr on $72,599 to close, and return on cash invested stands at 27.82% in year one. Equity gained on principal adds $1,413/yr while 5% annual appreciation supports $60,506 over five years. Portfolio math shows five-year ROI at 144.56% and total cumulative return in cash at $104,949. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,715/mo property income against a $1,072/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35670, Somerville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,599 (100%) |
| Owner Occupied HU | 2,718 (75.5%) |
| Renter Occupied HU | 532 (14.8%) |
| Vacant Housing Units | 349 ( 9.7%) |
| Median Home Value | $260,526 |
| Average Home Value | $262,934 |
Housing Distribution
Address Breakdown
Residential
3,357
Single Family
3,357
Multi-Family
0
Businesses
141
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Listed by: Deborah Rena Hill • Foote Hills of Alabama Realty
Mls Name: ValleyMLS
Mls ID: #21898762