289 School StBrilliantAL35548
Nearby investment properties with comparable rents
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
Investment property for sale in Brilliant at 289 School St, Brilliant, AL, 35548 offers a 9.65% rental yield on a $129,000 purchase with $1,037/mo rent. Total monthly income registers $1,037/mo, and a $631/mo payment leaves $309/mo available for distribution. Annual cash flow reaches $3,711/yr on $42,764 to close, and return on cash invested stands at 28.59% in year one. Equity gained on principal adds $832/yr while 5% annual appreciation supports $35,640 over five years. Portfolio math shows five-year ROI at 148.75% and total cumulative return in cash at $63,613. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,037/mo property income against a $631/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35548, Brilliant, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 862 (100%) |
| Owner Occupied HU | 516 (59.9%) |
| Renter Occupied HU | 182 (21.1%) |
| Vacant Housing Units | 164 (19.0%) |
| Median Home Value | $146,296 |
| Average Home Value | $147,209 |
Housing Distribution
Address Breakdown
Residential
706
Single Family
706
Multi-Family
0
Businesses
23
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Listed by: Kelly W Ballard • Ballard Real Estate
Mls Name: Walker County Area MLS
Mls ID: #25-697
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. Copyright 2025 Walker County Area MLS, All rights reserved.