207 7th Ave SWDecaturAL35601
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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
Rental property for sale in Decatur at 207 7th Ave SW, Decatur, AL, 35601 priced at $123,900 converts $947/mo rent into $248/mo cash flow after a $606/mo obligation. Total monthly income equals $947/mo, and annual cash flow totals $2,977/yr on $41,073 invested. Return on cash invested prints 27.16% in year one, and rental yield reads 9.17% against a $123,900 entry. Equity gained on principal adds $800/yr, while 5% annual appreciation compiles into $34,231 by year five. Five-year ROI reaches 141.1% and total cumulative return in cash sums $57,956. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $947/mo property income covering a $606/mo payment, not borrower’s personal income.
Single Family
Built in 1944
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35601, Decatur, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,105 (100%) |
| Owner Occupied HU | 7,958 (52.7%) |
| Renter Occupied HU | 6,057 (40.1%) |
| Vacant Housing Units | 1,090 ( 7.2%) |
| Median Home Value | $173,990 |
| Average Home Value | $223,578 |
Housing Distribution
Address Breakdown
Residential
13,960
Single Family
12,999
Multi-Family
961
Businesses
2,056
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