209 Bay StSylacaugaAL35150
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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 Sylacauga at 209 Bay St, Sylacauga, AL, 35150 uses $89,174 cash to close to unlock $135/yr annual cash flow and $11/mo monthly cash flow. Total monthly income runs $1,530/mo, and a $1,317/mo payment keeps the spread at $11/mo. Purchase price stands at $269,000, and rental yield measures 6.83% with $1,530/mo rent. Return on cash invested shows 20.06% in year one, and 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 102.98% and total cumulative return in cash records $91,835. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,530/mo property income covering a $1,317/mo payment rather than investor’s personal income.
Single Family
Built in 1945
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35150, Sylacauga, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,821 (100%) |
| Owner Occupied HU | 4,731 (53.6%) |
| Renter Occupied HU | 3,046 (34.5%) |
| Vacant Housing Units | 1,044 (11.8%) |
| Median Home Value | $161,330 |
| Average Home Value | $187,470 |
Housing Distribution
Address Breakdown
Residential
7,852
Single Family
7,195
Multi-Family
657
Businesses
808
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