20 W 1st StFalkvilleAL35622
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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 Falkville at 20 W 1st St, Falkville, AL, 35622 priced at $174,900 converts $1,372/mo rent into $385/mo cash flow after a $856/mo obligation. Total monthly income equals $1,372/mo, and annual cash flow totals $4,618/yr on $57,979 invested. Return on cash invested prints 27.87% in year one, and rental yield reads 9.41% against a $174,900 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,322 by year five. Five-year ROI reaches 144.84% and total cumulative return in cash sums $83,976. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,372/mo property income covering a $856/mo payment, not borrower’s personal income.
Single Family
Built in 1964
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35622, Falkville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,121 (100%) |
| Owner Occupied HU | 2,304 (73.8%) |
| Renter Occupied HU | 558 (17.9%) |
| Vacant Housing Units | 259 ( 8.3%) |
| Median Home Value | $215,035 |
| Average Home Value | $253,415 |
Housing Distribution
Address Breakdown
Residential
2,957
Single Family
2,957
Multi-Family
0
Businesses
115
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