Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Scottsboro at 2981 Bob Jones Rd, Scottsboro, AL, 35769 offers a 10.54% rental yield on a $375,000 purchase with $3,294/mo rent. Total monthly income registers $3,294/mo, and a $1,835/mo payment leaves $1,178/mo available for distribution. Annual cash flow reaches $14,133/yr on $124,313 to close, and return on cash invested stands at 31.28% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Portfolio math shows five-year ROI at 163.09% and total cumulative return in cash at $202,743. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,294/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
1.80 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 35769, Scottsboro, AL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,570 (100%) |
| Owner Occupied HU | 3,506 (62.9%) |
| Renter Occupied HU | 1,334 (23.9%) |
| Vacant Housing Units | 730 (13.1%) |
| Median Home Value | $217,774 |
| Average Home Value | $315,491 |
Residential
5,334
Single Family
4,456
Multi-Family
878
Businesses
222
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Myra Tonmoy • Waterfront Intl Realty
Mls Name: ValleyMLS
Mls ID: #21896827
