2003 Virginia AveMuscle ShoalsAL35661
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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 Muscle Shoals at 2003 Virginia Ave, Muscle Shoals, AL, 35661 generates $2,482/mo in rent and, after a $1,542/mo payment, leaves $704/mo in cash flow. Total monthly income is $2,482/mo, and annual cash flow is $8,445/yr on $104,423 invested. Return on cash invested sits at 28% in year one, and rental yield is 9.46% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 145.5% and total cumulative return in cash sums $151,937. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,482/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35661, Muscle Shoals, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,939 (100%) |
| Owner Occupied HU | 5,873 (65.7%) |
| Renter Occupied HU | 2,358 (26.4%) |
| Vacant Housing Units | 708 ( 7.9%) |
| Median Home Value | $204,446 |
| Average Home Value | $252,543 |
Housing Distribution
Address Breakdown
Residential
8,611
Single Family
8,185
Multi-Family
426
Businesses
817
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Listed by: Stacy Hughes • 5:41 Realty
Mls Name: Strategic MLS Alliance
Mls ID: #526560