295 Spring StCarrolltonAL35447
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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 Carrollton at 295 Spring St, Carrollton, AL, 35447 with 5% annual appreciation on a $280,000 basis while $1,925/mo rent supports operations. Total monthly income totals $1,925/mo and a $1,370/mo payment preserves $341/mo for cash returns. Annual cash flow comes to $4,090/yr on $92,820 deployed, and return on cash invested reaches 24.31% in year one. Equity gained on principal adds $1,807/yr, and five-year appreciation sums $77,359 alongside rental yield of 8.25%. Five-year ROI measures 125.76% and total cumulative return in cash totals $116,733.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,925/mo property income versus a $1,370/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1965
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35447, Carrollton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,587 (100%) |
| Owner Occupied HU | 968 (61.0%) |
| Renter Occupied HU | 328 (20.7%) |
| Vacant Housing Units | 291 (18.3%) |
| Median Home Value | $153,012 |
| Average Home Value | $175,987 |
Housing Distribution
Address Breakdown
Residential
1,296
Single Family
1,296
Multi-Family
0
Businesses
110
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Listed by: Ashley Moody • Real Broker LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21431599
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.