1703 10th Ave SEDecaturAL35601
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 Decatur at 1703 10th Ave SE, Decatur, AL, 35601 earns $318/mo cash flow from $1,221/mo rent with a $783/mo payment. Total monthly income totals $1,221/mo, and annual cash flow totals $3,816/yr on $53,040 capital. ROI tracks 27.1% on current figures, and rental yield reads 9.16% at a $160,000 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 over five years. Five-year ROI reaches 140.7% and total cumulative return in cash sums $74,630. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,221/mo property income instead of your personal income.
Single Family
Built in 1961
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35601, Decatur, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,105 (100%) |
| Owner Occupied HU | 7,958 (52.7%) |
| Renter Occupied HU | 6,057 (40.1%) |
| Vacant Housing Units | 1,090 ( 7.2%) |
| Median Home Value | $173,990 |
| Average Home Value | $223,578 |
Housing Distribution
Address Breakdown
Residential
13,960
Single Family
12,999
Multi-Family
961
Businesses
2,056
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices