241 Frank StThorsbyAL35171
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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 Thorsby at 241 Frank St, Thorsby, AL, 35171 offers a 8.89% rental yield on a $379,900 purchase with $2,815/mo rent. Total monthly income registers $2,815/mo, and a $1,859/mo payment leaves $671/mo available for distribution. Annual cash flow reaches $8,053/yr on $125,937 to close, and return on cash invested stands at 26.3% in year one. Equity gained on principal adds $2,451/yr while 5% annual appreciation supports $104,959 over five years. Portfolio math shows five-year ROI at 136.44% and total cumulative return in cash at $171,833. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,815/mo property income against a $1,859/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35171, Thorsby, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,700 (100%) |
| Owner Occupied HU | 1,316 (77.4%) |
| Renter Occupied HU | 231 (13.6%) |
| Vacant Housing Units | 153 ( 9.0%) |
| Median Home Value | $194,844 |
| Average Home Value | $222,990 |
Housing Distribution
Address Breakdown
Residential
1,333
Single Family
1,333
Multi-Family
0
Businesses
73
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