2402 Jade Pointe Dr SEDecaturAL35603
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
Rental property for sale in Decatur at 2402 Jade Pointe Dr SE, Decatur, AL, 35603 priced at $500,000 pairs $1,941/mo rent with after a $2,447/mo payment. Total monthly income equals $1,941/mo. Return on cash invested is 13.35% in year one, and rental yield stands at 4.66% on a $500,000 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,141 by year five. Five-year ROI measures 67% and total cumulative return in cash reaches $111,056. For financing, Ziffy Mortgage’s DSCR program evaluates $1,941/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1998
0.38 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35603, Decatur, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,772 (100%) |
| Owner Occupied HU | 9,786 (66.2%) |
| Renter Occupied HU | 4,228 (28.6%) |
| Vacant Housing Units | 758 ( 5.1%) |
| Median Home Value | $258,997 |
| Average Home Value | $295,900 |
Housing Distribution
Address Breakdown
Residential
14,489
Single Family
13,004
Multi-Family
1,485
Businesses
624
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Nearby investment properties with comparable prices
Listed by: Kim Hallmark • RE/MAX Platinum
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21885623
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