210-212 Wallace StSylacaugaAL35151
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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
Total monthly income runs $950/mo, and a $857/mo payment. Purchase price stands at $175,000, and rental yield measures 6.51% with $950/mo rent. Return on cash invested shows 19.12% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 97.89% and total cumulative return in cash records $56,791. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $950/mo property income covering a $857/mo payment rather than investor’s personal income.
Multi Family
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35151, Sylacauga, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,687 (100%) |
| Owner Occupied HU | 2,662 (72.2%) |
| Renter Occupied HU | 474 (12.9%) |
| Vacant Housing Units | 551 (14.9%) |
| Median Home Value | $153,906 |
| Average Home Value | $177,139 |
Housing Distribution
Address Breakdown
Residential
3,399
Single Family
3,399
Multi-Family
0
Businesses
95
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Listed by: Allen Ray • RE/MAX Marketplace
Mls Name: GALMLS
Mls Provider:
Mls ID: #21389388
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.