246 8th Ave NECarbon HillAL35549
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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 Carbon Hill at 246 8th Ave NE, Carbon Hill, AL, 35549 generates $1,494/mo in rent and, after a $827/mo payment, leaves $540/mo in cash flow. Total monthly income is $1,494/mo, and annual cash flow is $6,483/yr on $56,024 invested. Return on cash invested sits at 31.48% in year one, and rental yield is 10.61% on a $169,000 entry. Equity gained on principal adds $1,091/yr, while 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 164.22% and total cumulative return in cash sums $91,999. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,494/mo property income rather than buyer’s personal income.
Manufactured
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35549, Carbon Hill, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,909 (100%) |
| Owner Occupied HU | 1,245 (65.2%) |
| Renter Occupied HU | 414 (21.7%) |
| Vacant Housing Units | 250 (13.1%) |
| Median Home Value | $84,609 |
| Average Home Value | $126,430 |
Housing Distribution
Address Breakdown
Residential
1,499
Single Family
1,458
Multi-Family
41
Businesses
92
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Listed by: Joe Vick • White Pepper Real Estate
Mls Name: Walker County Area MLS
Mls ID: #25-1725
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 Walker County Area MLS, All rights reserved.