281 Willoughby RdSterrettAL35147
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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 Sterrett at 281 Willoughby Rd, Sterrett, AL, 35147 offers a 7.4% rental yield on a $301,650 purchase with $1,860/mo rent. Total monthly income registers $1,860/mo, and a $1,476/mo payment leaves $138/mo available for distribution. Annual cash flow reaches $1,658/yr on $99,997 to close, and return on cash invested stands at 21.57% in year one. Equity gained on principal adds $1,947/yr while 5% annual appreciation supports $83,340 over five years. Portfolio math shows five-year ROI at 111.13% and total cumulative return in cash at $111,122. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,860/mo property income against a $1,476/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
7,013 sqft lot
$N/A/sqft
$235 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35147, Sterrett, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,404 (100%) |
| Owner Occupied HU | 2,001 (83.2%) |
| Renter Occupied HU | 279 (11.6%) |
| Vacant Housing Units | 124 ( 5.2%) |
| Median Home Value | $333,491 |
| Average Home Value | $387,453 |
Housing Distribution
Address Breakdown
Residential
2,291
Single Family
2,248
Multi-Family
43
Businesses
71
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Listed by: Mellanie Wright • DHI Realty of Alabama
Mls Name: GALMLS
Mls Provider:
Mls ID: #21431129
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.