304 Forest Glen RdSylacaugaAL35150
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Total monthly income runs $1,574/mo, and a $1,415/mo payment. Purchase price stands at $289,000, and rental yield measures 6.54% with $1,574/mo rent. Return on cash invested shows 19.19% in year one, and 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 98.28% and total cumulative return in cash records $94,154. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,574/mo property income covering a $1,415/mo payment rather than investor’s personal income.
Single Family
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35150, Sylacauga, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,821 (100%) |
| Owner Occupied HU | 4,731 (53.6%) |
| Renter Occupied HU | 3,046 (34.5%) |
| Vacant Housing Units | 1,044 (11.8%) |
| Median Home Value | $161,330 |
| Average Home Value | $187,470 |
Housing Distribution
Address Breakdown
Residential
7,852
Single Family
7,195
Multi-Family
657
Businesses
808
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices