230 Hope St, Boaz, AL, 35956 | $1,110/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Boaz at 230 Hope St, Boaz, AL, 35956 listed at $280,000 pairs $2,690/mo rent with a $1,370/mo payment to leave $1,110/mo cash flow. Total monthly income runs $2,690/mo, and annual cash flow reaches $13,320/yr on $92,820 cash to close. Return on cash invested measures 34.26% in year one, and rental yield registers 11.53% at a $280,000 basis. Equity gained on principal adds $1,807/yr, and annual property appreciation at 5% supports $77,359 by year five. Five-year ROI tracks 179.07% and total cumulative return in cash totals $166,209. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,690/mo property income relative to a $1,370/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Manufactured

Built in 2003

6.50 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 35956, Boaz, AL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,764 (100%)
Owner Occupied HU	2,839 (75.4%)
Renter Occupied HU	663 (17.6%)
Vacant Housing Units	262 ( 7.0%)
Median Home Value	$224,491
Average Home Value	$258,281