2173 Parsons DrMoodyAL35004
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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 Moody at 2173 Parsons Dr, Moody, AL, 35004 generates $2,021/mo in rent and, after a $1,419/mo payment, leaves $348/mo in cash flow. Total monthly income is $2,021/mo, and annual cash flow is $4,177/yr on $96,102 invested. Return on cash invested sits at 24.26% in year one, and rental yield is 8.37% on a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 125.65% and total cumulative return in cash sums $120,753. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,021/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
4,356 sqft lot
$N/A/sqft
$380 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35004, Moody, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,250 (100%) |
| Owner Occupied HU | 3,906 (74.4%) |
| Renter Occupied HU | 1,142 (21.8%) |
| Vacant Housing Units | 202 ( 3.8%) |
| Median Home Value | $231,727 |
| Average Home Value | $257,922 |
Housing Distribution
Address Breakdown
Residential
4,945
Single Family
4,614
Multi-Family
331
Businesses
402
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Listed by: Chris Hicks • Pro Home Team Realty
Mls Name: GALMLS
Mls Provider:
Mls ID: #21423615
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.