300 Market St NE #C-1DecaturAL35601
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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 Decatur at 300 Market St NE #C-1, Decatur, AL, 35601 priced at $490,900 pairs $2,002/mo rent with after a $2,403/mo payment. Total monthly income equals $2,002/mo. Return on cash invested is 13.01% in year one, and rental yield stands at 4.89% on a $490,900 basis. Equity gained on principal adds $3,168/yr, and 5% annual appreciation accumulates to $135,627 by year five. Five-year ROI measures 65.59% and total cumulative return in cash reaches $106,735. For financing, Ziffy Mortgage’s DSCR program evaluates $2,002/mo property income against a $2,403/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2003
N/A lot
$N/A/sqft
$2,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35601, Decatur, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,105 (100%) |
| Owner Occupied HU | 7,958 (52.7%) |
| Renter Occupied HU | 6,057 (40.1%) |
| Vacant Housing Units | 1,090 ( 7.2%) |
| Median Home Value | $173,990 |
| Average Home Value | $223,578 |
Housing Distribution
Address Breakdown
Residential
13,960
Single Family
12,999
Multi-Family
961
Businesses
2,056
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Listed by: Jeremy Jones • Parker Real Estate Res.LLC
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21866698
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