2699-101 Paddle Wheel DrGuntersvilleAL35976
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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 Guntersville at 2699-101 Paddle Wheel Dr, Guntersville, AL, 35976 earns from $1,194/mo rent with a $2,934/mo payment. Total monthly income totals $1,194/mo. ROI tracks 6.74% on current figures, and rental yield reads 2.39% at a $599,500 purchase. Equity gained on principal adds $3,868/yr, and 5% annual appreciation supports $165,631 over five years. Five-year ROI reaches 31.47% and total cumulative return in cash sums $62,075. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,194/mo property income instead of your personal income.
Condo
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35976, Guntersville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,901 (100%) |
| Owner Occupied HU | 5,692 (63.9%) |
| Renter Occupied HU | 2,042 (22.9%) |
| Vacant Housing Units | 1,167 (13.1%) |
| Median Home Value | $309,624 |
| Average Home Value | $355,881 |
Housing Distribution
Address Breakdown
Residential
8,133
Single Family
7,824
Multi-Family
309
Businesses
939
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Listed by: Shane Vandergriff • Lake Guntersville Real Estate
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21882886
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