202 4th Ave SEReformAL35481
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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 Reform at 202 4th Ave SE, Reform, AL, 35481 listed at $105,900 pairs $846/mo rent with a $518/mo payment to leave $219/mo cash flow. Total monthly income runs $846/mo, and annual cash flow reaches $2,629/yr on $35,106 cash to close. Return on cash invested measures 27.4% in year one, and rental yield registers 9.59% at a $105,900 basis. Equity gained on principal adds $683/yr, and annual property appreciation at 5% supports $29,258 by year five. Five-year ROI tracks 142.8% and total cumulative return in cash totals $50,132. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $846/mo property income relative to a $518/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35481, Reform, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,566 (100%) |
| Owner Occupied HU | 1,016 (64.9%) |
| Renter Occupied HU | 365 (23.3%) |
| Vacant Housing Units | 185 (11.8%) |
| Median Home Value | $118,852 |
| Average Home Value | $166,078 |
Housing Distribution
Address Breakdown
Residential
1,236
Single Family
1,236
Multi-Family
0
Businesses
99
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Listed by: Marana Payne • August Real Estate
Mls Name: WAMLS
Mls Provider:
Mls ID: #167629
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.