2006 Highland CirMuscle 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
Investment property for sale in Muscle Shoals at 2006 Highland Cir, Muscle Shoals, AL, 35661 offers a 10.95% rental yield on a $329,900 purchase with $3,011/mo rent. Total monthly income registers $3,011/mo, and a $1,615/mo payment leaves $1,149/mo available for distribution. Annual cash flow reaches $13,783/yr on $109,362 to close, and return on cash invested stands at 32.51% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,145 over five years. Portfolio math shows five-year ROI at 169.71% and total cumulative return in cash at $185,595. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,011/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
0.58 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 Richards • Riverside Realty, Inc
Mls Name: Strategic MLS Alliance
Mls ID: #524428