214 Ashurst AveTallasseeAL36078
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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 Tallassee at 214 Ashurst Ave, Tallassee, AL, 36078 priced at $171,000 converts $1,555/mo rent into $590/mo cash flow after a $837/mo obligation. Total monthly income equals $1,555/mo, and annual cash flow totals $7,077/yr on $56,687 invested. Return on cash invested prints 32.39% in year one, and rental yield reads 10.91% against a $171,000 entry. Equity gained on principal adds $1,103/yr, while 5% annual appreciation compiles into $47,244 by year five. Five-year ROI reaches 169.08% and total cumulative return in cash sums $95,843. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,555/mo property income covering a $837/mo payment, not borrower’s personal income.
Single Family
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36078, Tallassee, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,580 (100%) |
| Owner Occupied HU | 4,111 (62.5%) |
| Renter Occupied HU | 1,681 (25.5%) |
| Vacant Housing Units | 788 (12.0%) |
| Median Home Value | $218,944 |
| Average Home Value | $267,663 |
Housing Distribution
Address Breakdown
Residential
6,082
Single Family
5,839
Multi-Family
243
Businesses
455
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