293 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
Rental property for sale in Sterrett at 293 Willoughby Rd, Sterrett, AL, 35147 priced at $327,400 converts $2,628/mo rent into $761/mo cash flow after a $1,602/mo obligation. Total monthly income equals $2,628/mo, and annual cash flow totals $9,130/yr on $108,533 invested. Return on cash invested prints 28.32% in year one, and rental yield reads 9.63% against a $327,400 entry. Equity gained on principal adds $2,113/yr, while 5% annual appreciation compiles into $90,455 by year five. Five-year ROI reaches 147.32% and total cumulative return in cash sums $159,886. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,628/mo property income covering a $1,602/mo payment, not borrower’s personal income.
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: #21439367
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.