304 Herd StTallasseeAL36078
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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 Tallassee at 304 Herd St, Tallassee, AL, 36078 listed at $129,900 pairs $974/mo rent with a $636/mo payment to leave $241/mo cash flow. Total monthly income runs $974/mo, and annual cash flow reaches $2,887/yr on $43,062 cash to close. Return on cash invested measures 26.61% in year one, and rental yield registers 9% at a $129,900 basis. Equity gained on principal adds $838/yr, and annual property appreciation at 5% supports $35,889 by year five. Five-year ROI tracks 138.13% and total cumulative return in cash totals $59,479. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $974/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36078, Tallassee, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,580 (100%) |
| Owner Occupied HU | 4,111 (62.5%) |
| Renter Occupied HU | 1,681 (25.5%) |
| Vacant Housing Units | 788 (12.0%) |
| Median Home Value | $218,944 |
| Average Home Value | $267,663 |
Housing Distribution
Address Breakdown
Residential
6,082
Single Family
5,839
Multi-Family
243
Businesses
455
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