302 Woodall LnScottsboroAL35768
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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 Scottsboro at 302 Woodall Ln, Scottsboro, AL, 35768 generates $1,652/mo in rent and, after a $1,018/mo payment, leaves $478/mo in cash flow. Total monthly income is $1,652/mo, and annual cash flow is $5,736/yr on $68,952 invested. Return on cash invested sits at 28.23% in year one, and rental yield is 9.53% on a $208,000 entry. Equity gained on principal adds $1,342/yr, while 5% annual appreciation builds toward $57,467 over five years. Five-year ROI reaches 146.74% and total cumulative return in cash sums $101,184. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,652/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35768, Scottsboro, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,190 (100%) |
| Owner Occupied HU | 3,233 (62.3%) |
| Renter Occupied HU | 1,430 (27.6%) |
| Vacant Housing Units | 527 (10.2%) |
| Median Home Value | $142,672 |
| Average Home Value | $189,654 |
Housing Distribution
Address Breakdown
Residential
5,008
Single Family
4,876
Multi-Family
132
Businesses
797
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Listed by: Tyree Middlebrooks • 6m Real Estate Co
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21889225
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