296 Poplar StWest BloctonAL35184
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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 West Blocton at 296 Poplar St, West Blocton, AL, 35184 uses $49,725 cash to close to unlock $4,110/yr annual cash flow and $343/mo monthly cash flow. Total monthly income runs $1,189/mo, and a $734/mo payment keeps the spread at $343/mo. Purchase price stands at $150,000, and rental yield measures 9.51% with $1,189/mo rent. Return on cash invested shows 28.17% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 146.5% and total cumulative return in cash records $72,846. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,189/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1940
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35184, West Blocton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,633 (100%) |
| Owner Occupied HU | 1,820 (69.1%) |
| Renter Occupied HU | 516 (19.6%) |
| Vacant Housing Units | 297 (11.3%) |
| Median Home Value | $142,733 |
| Average Home Value | $185,315 |
Housing Distribution
Address Breakdown
Residential
2,182
Single Family
2,182
Multi-Family
0
Businesses
80
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Listed by: Gracelyn Sanders • RealtySouth-I459 Southwest
Mls Name: GALMLS
Mls ID: #21424495