2600 Paradise DrWaterlooAL35677
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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 Waterloo at 2600 Paradise Dr, Waterloo, AL, 35677 earns from $3,216/mo rent with a $2,936/mo payment. Total monthly income totals $3,216/mo. ROI tracks 17.8% on current figures, and rental yield reads 6.43% at a $599,900 purchase. Equity gained on principal adds $3,871/yr, and 5% annual appreciation supports $165,741 over five years. Five-year ROI reaches 91.21% and total cumulative return in cash sums $180,016. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,216/mo property income instead of your personal income.
Single Family
Built in 2010
2.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35677, Waterloo, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,023 (100%) |
| Owner Occupied HU | 618 (60.4%) |
| Renter Occupied HU | 124 (12.1%) |
| Vacant Housing Units | 281 (27.5%) |
| Median Home Value | $232,547 |
| Average Home Value | $281,108 |
Housing Distribution
Address Breakdown
Residential
911
Single Family
911
Multi-Family
0
Businesses
35
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Listed by: The Josh Rumble Team • Nxcel Realty
Mls Name: Strategic MLS Alliance
Mls ID: #522007
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.