268 Morris RdBlountsvilleAL35031
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Nearby investment properties with comparable prices
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 Blountsville at 268 Morris Rd, Blountsville, AL, 35031 priced at $143,000 converts $1,194/mo rent into $387/mo cash flow after a $700/mo obligation. Total monthly income equals $1,194/mo, and annual cash flow totals $4,641/yr on $47,405 invested. Return on cash invested prints 29.7% in year one, and rental yield reads 10.02% against a $143,000 entry. Equity gained on principal adds $923/yr, while 5% annual appreciation compiles into $39,508 by year five. Five-year ROI reaches 154.65% and total cumulative return in cash sums $73,312. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,194/mo property income covering a $700/mo payment, not borrower’s personal income.
Single Family
Built in 1977
2.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35031, Blountsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,719 (100%) |
| Owner Occupied HU | 2,508 (67.4%) |
| Renter Occupied HU | 795 (21.4%) |
| Vacant Housing Units | 416 (11.2%) |
| Median Home Value | $174,319 |
| Average Home Value | $219,368 |
Housing Distribution
Address Breakdown
Residential
3,265
Single Family
3,265
Multi-Family
0
Businesses
139
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Listed by: Nancy Drinkard • RE/MAX Marketplace
Mls Name: GALMLS
Mls ID: #21426253