2029 Summerville RdJasperAL35504
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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 Jasper at 2029 Summerville Rd, Jasper, AL, 35504 listed at $329,000 pairs $1,380/mo rent with a $1,610/mo payment. Total monthly income runs $1,380/mo. Return on cash invested measures 14.66% in year one, and rental yield registers 5.03% at a $329,000 basis. Equity gained on principal adds $2,123/yr, and annual property appreciation at 5% supports $90,897 by year five. Five-year ROI tracks 74.02% and total cumulative return in cash totals $80,733. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,380/mo property income relative to a $1,610/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35504, Jasper, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,415 (100%) |
| Owner Occupied HU | 4,453 (69.4%) |
| Renter Occupied HU | 1,189 (18.5%) |
| Vacant Housing Units | 773 (12.0%) |
| Median Home Value | $214,984 |
| Average Home Value | $265,241 |
Housing Distribution
Address Breakdown
Residential
6,416
Single Family
6,207
Multi-Family
209
Businesses
168
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Listed by: Crystal Parker • HAPPY HOMES REAL ESTATE
Mls Name: Strategic MLS Alliance
Mls ID: #520142
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.