1904 Walnut StCentrevilleAL35042
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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 Centreville at 1904 Walnut St, Centreville, AL, 35042 priced at $259,900 pairs $1,600/mo rent with $133/mo cash flow after a $1,272/mo payment. Total monthly income equals $1,600/mo, and annual cash flow comes to $1,597/yr on $86,157 invested. Return on cash invested is 21.76% in year one, and rental yield stands at 7.39% on a $259,900 basis. Equity gained on principal adds $1,677/yr, and 5% annual appreciation accumulates to $71,806 by year five. Five-year ROI measures 112.12% and total cumulative return in cash reaches $96,598. For financing, Ziffy Mortgage’s DSCR program evaluates $1,600/mo property income against a $1,272/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1956
0.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35042, Centreville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,618 (100%) |
| Owner Occupied HU | 1,547 (59.1%) |
| Renter Occupied HU | 707 (27.0%) |
| Vacant Housing Units | 364 (13.9%) |
| Median Home Value | $161,572 |
| Average Home Value | $182,723 |
Housing Distribution
Address Breakdown
Residential
2,545
Single Family
2,545
Multi-Family
0
Businesses
240
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Listed by: Ashlyn Smith • Keller Williams Realty Vestavia
Mls Name: GALMLS
Mls Provider:
Mls ID: #21417324
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.