244 Sparkman RdScottsboroAL35768
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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
Rental property for sale in Scottsboro at 244 Sparkman Rd, Scottsboro, AL, 35768 offers $1,890/mo rent that, after a $1,049/mo payment, leaves $680/mo cash flow. Total monthly income is $1,890/mo, and annual cash flow is $8,162/yr on $71,074 cash. Return on cash invested measures 31.39% in year one, and rental yield stands at 10.58% at a $214,400 entry. Equity gained on principal adds $1,383/yr while 5% annual appreciation compounds into $59,235 by year five. Five-year ROI records 163.76% and total cumulative return in cash reaches $116,393. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,890/mo property income versus a $1,049/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35768, Scottsboro, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,190 (100%) |
| Owner Occupied HU | 3,233 (62.3%) |
| Renter Occupied HU | 1,430 (27.6%) |
| Vacant Housing Units | 527 (10.2%) |
| Median Home Value | $142,672 |
| Average Home Value | $189,654 |
Housing Distribution
Address Breakdown
Residential
5,008
Single Family
4,876
Multi-Family
132
Businesses
797
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Listed by: Santana Guzman • Century 21 Home Team
Mls Name: ValleyMLS
Mls ID: #21896955