185 Little Nose DrCentreAL35960
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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 Centre at 185 Little Nose Dr, Centre, AL, 35960 priced at $379,500 pairs $932/mo rent with after a $1,857/mo payment. Total monthly income equals $932/mo. Return on cash invested is 8.34% in year one, and rental yield stands at 2.95% on a $379,500 basis. Equity gained on principal adds $2,449/yr, and 5% annual appreciation accumulates to $104,849 by year five. Five-year ROI measures 40.12% and total cumulative return in cash reaches $50,472. For financing, Ziffy Mortgage’s DSCR program evaluates $932/mo property income against a $1,857/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35960, Centre, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,915 (100%) |
| Owner Occupied HU | 3,169 (53.6%) |
| Renter Occupied HU | 935 (15.8%) |
| Vacant Housing Units | 1,811 (30.6%) |
| Median Home Value | $248,768 |
| Average Home Value | $313,077 |
Housing Distribution
Address Breakdown
Residential
4,738
Single Family
4,590
Multi-Family
148
Businesses
496
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Listed by: Cathy Griffeth • LakeWeissAlabama.com
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21887259
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