204 W Cherry StScottsboroAL35768
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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 Scottsboro at 204 W Cherry St, Scottsboro, AL, 35768 offers a 11.94% rental yield on a $169,900 purchase with $1,690/mo rent. Total monthly income registers $1,690/mo, and a $832/mo payment leaves $731/mo available for distribution. Annual cash flow reaches $8,767/yr on $56,322 to close, and return on cash invested stands at 35.47% in year one. Equity gained on principal adds $1,096/yr while 5% annual appreciation supports $46,940 over five years. Portfolio math shows five-year ROI at 185.62% and total cumulative return in cash at $104,546. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,690/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35768, Scottsboro, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,190 (100%) |
| Owner Occupied HU | 3,233 (62.3%) |
| Renter Occupied HU | 1,430 (27.6%) |
| Vacant Housing Units | 527 (10.2%) |
| Median Home Value | $142,672 |
| Average Home Value | $189,654 |
Housing Distribution
Address Breakdown
Residential
5,008
Single Family
4,876
Multi-Family
132
Businesses
797
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Listed by: Vincent Lovvorn • Redstone Realty Solutions-GSV
Mls Name: ValleyMLS
Mls ID: #21896195