219 Chestnut StScottsboroAL35768
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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 Scottsboro at 219 Chestnut St, Scottsboro, AL, 35768 listed at $171,900 pairs $1,538/mo rent with a $841/mo payment to leave $568/mo cash flow. Total monthly income runs $1,538/mo, and annual cash flow reaches $6,817/yr on $56,985 cash to close. Return on cash invested measures 31.87% in year one, and rental yield registers 10.74% at a $171,900 basis. Equity gained on principal adds $1,109/yr, and annual property appreciation at 5% supports $47,493 by year five. Five-year ROI tracks 166.37% and total cumulative return in cash totals $94,806. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,538/mo property income relative to a $841/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35768, Scottsboro, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,190 (100%) |
| Owner Occupied HU | 3,233 (62.3%) |
| Renter Occupied HU | 1,430 (27.6%) |
| Vacant Housing Units | 527 (10.2%) |
| Median Home Value | $142,672 |
| Average Home Value | $189,654 |
Housing Distribution
Address Breakdown
Residential
5,008
Single Family
4,876
Multi-Family
132
Businesses
797
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Listed by: Pam Baker • South Towne Realtors, LLC
Mls Name: ValleyMLS
Mls ID: #21895801