287 6th Ave NE #4ReformAL35481
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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 Reform at 287 6th Ave NE #4, Reform, AL, 35481 offers a 9.37% rental yield on a $139,000 purchase with $1,085/mo rent. Total monthly income registers $1,085/mo, and a $680/mo payment leaves $301/mo available for distribution. Annual cash flow reaches $3,609/yr on $46,079 to close, and return on cash invested stands at 27.74% in year one. Equity gained on principal adds $897/yr while 5% annual appreciation supports $38,403 over five years. Portfolio math shows five-year ROI at 144.14% and total cumulative return in cash at $66,416. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,085/mo property income against a $680/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35481, Reform, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,566 (100%) |
| Owner Occupied HU | 1,016 (64.9%) |
| Renter Occupied HU | 365 (23.3%) |
| Vacant Housing Units | 185 (11.8%) |
| Median Home Value | $118,852 |
| Average Home Value | $166,078 |
Housing Distribution
Address Breakdown
Residential
1,236
Single Family
1,236
Multi-Family
0
Businesses
99
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