304 Patterson StTuskegee InstituteAL36088
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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 Tuskegee Institute at 304 Patterson St, Tuskegee Institute, AL, 36088 offers a 19.83% rental yield on a $135,000 purchase with $2,231/mo rent. Total monthly income registers $2,231/mo, and a $661/mo payment leaves $1,418/mo available for distribution. Annual cash flow reaches $17,013/yr on $44,753 to close, and return on cash invested stands at 57.93% in year one. Equity gained on principal adds $871/yr while 5% annual appreciation supports $37,298 over five years. Portfolio math shows five-year ROI at 306.51% and total cumulative return in cash at $137,173. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,231/mo property income against a $661/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36088, Tuskegee Institute, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,925 (100%) |
| Owner Occupied HU | 645 (33.5%) |
| Renter Occupied HU | 790 (41.0%) |
| Vacant Housing Units | 490 (25.5%) |
| Median Home Value | $108,848 |
| Average Home Value | $159,973 |
Housing Distribution
Address Breakdown
Residential
1,276
Single Family
1,011
Multi-Family
265
Businesses
36
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A