2407 Oak DrBoazAL35956
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 Boaz at 2407 Oak Dr, Boaz, AL, 35956 at $301,300 posts ROI 27.92% with $667/mo cash flow from $2,368/mo rent. Total monthly income equals $2,368/mo, and annual cash flow records $8,004/yr on $99,881 to close. Return on cash invested measures 27.92% and rental yield reads 9.43% at the current $301,300. Equity gained on principal adds $1,944/yr, and 5% annual appreciation supports $83,244 by year five. Five-year ROI prints 145.14% and total cumulative return in cash totals $144,972.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,368/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2018
0.93 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 |
Housing Distribution
Address Breakdown
Residential
3,694
Single Family
3,671
Multi-Family
23
Businesses
121
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