237 Nicol Ave WThomasvilleAL36784
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Thomasville at 237 Nicol Ave W, Thomasville, AL, 36784 at $103,900 posts ROI 75.22% with $1,587/mo cash flow from $2,179/mo rent. Total monthly income equals $2,179/mo, and annual cash flow records $19,050/yr on $34,443 to close. Return on cash invested measures 75.22% and rental yield reads 25.17% at the current $103,900. Equity gained on principal adds $670/yr, and 5% annual appreciation supports $28,706 by year five. Five-year ROI prints 398.83% and total cumulative return in cash totals $137,368.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,179/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1890
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36784, Thomasville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,761 (100%) |
| Owner Occupied HU | 2,178 (57.9%) |
| Renter Occupied HU | 845 (22.5%) |
| Vacant Housing Units | 738 (19.6%) |
| Median Home Value | $193,151 |
| Average Home Value | $232,951 |
Housing Distribution
Address Breakdown
Residential
3,214
Single Family
3,162
Multi-Family
52
Businesses
364
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Nearby investment properties with comparable prices
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