300 6th StDocenaAL35060
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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 Docena at 300 6th St, Docena, AL, 35060 earns $222/mo cash flow from $1,210/mo rent with a $857/mo payment. Total monthly income totals $1,210/mo, and annual cash flow totals $2,661/yr on $58,013 capital. ROI tracks 24.5% on current figures, and rental yield reads 8.3% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 126.75% and total cumulative return in cash sums $73,531. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,210/mo property income instead of your personal income.
Single Family
Built in 1963
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35060, Docena, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 224 (100%) |
| Owner Occupied HU | 147 (65.6%) |
| Renter Occupied HU | 36 (16.1%) |
| Vacant Housing Units | 41 (18.3%) |
| Median Home Value | $166,146 |
| Average Home Value | $305,408 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
6
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Listed by: Freddy Guerra • Exp Realty LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21416458
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.