2501 Norwood Dr SWDecaturAL35603
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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 Decatur at 2501 Norwood Dr SW, Decatur, AL, 35603 listed at $293,000 pairs $1,723/mo rent with a $1,434/mo payment to leave $9/mo cash flow. Total monthly income runs $1,723/mo, and annual cash flow reaches $111/yr on $97,130 cash to close. Return on cash invested measures 20.02% in year one, and rental yield registers 7.06% at a $293,000 basis. Equity gained on principal adds $1,891/yr, and annual property appreciation at 5% supports $80,951 by year five. Five-year ROI tracks 103.04% and total cumulative return in cash totals $100,078. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,723/mo property income relative to a $1,434/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
5,227 sqft lot
$N/A/sqft
$60 monthly 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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Listed by: Freida K Perry • ERA King Real Estate Company
Mls Name: Strategic MLS Alliance
Mls ID: #523704
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.