204 3rd St SEAlicevilleAL35442
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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 Aliceville at 204 3rd St SE, Aliceville, AL, 35442 earns $228/mo cash flow from $1,125/mo rent with a $734/mo payment. Total monthly income totals $1,125/mo, and annual cash flow totals $2,742/yr on $49,692 capital. ROI tracks 25.43% on current figures, and rental yield reads 9.01% at a $149,900 purchase. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 over five years. Five-year ROI reaches 132.19% and total cumulative return in cash sums $65,687. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,125/mo property income instead of your personal income.
Single Family
Built in 1940
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35442, Aliceville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,285 (100%) |
| Owner Occupied HU | 1,344 (58.8%) |
| Renter Occupied HU | 529 (23.2%) |
| Vacant Housing Units | 412 (18.0%) |
| Median Home Value | $131,604 |
| Average Home Value | $225,638 |
Housing Distribution
Address Breakdown
Residential
2,055
Single Family
2,055
Multi-Family
0
Businesses
193
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Listed by: Lizzie Mayfield • RE/MAX PARTNERS
Mls Name: Greater Golden Triangle Realtors
Mls ID: #25-148
Disclaimer: Copyright Golden Triangle Association of Realtors, Inc. All rights reserved. Information is deemed reliable but not guaranteed.