304 W Alabama AveAlbertvilleAL35950
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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 Albertville at 304 W Alabama Ave, Albertville, AL, 35950 priced at $165,000 converts $1,300/mo rent into $368/mo cash flow after a $808/mo obligation. Total monthly income equals $1,300/mo, and annual cash flow totals $4,419/yr on $54,698 invested. Return on cash invested prints 27.99% in year one, and rental yield reads 9.45% against a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation compiles into $45,586 by year five. Five-year ROI reaches 145.54% and total cumulative return in cash sums $79,607. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,300/mo property income covering a $808/mo payment, not borrower’s personal income.
Single Family
Built in N/A
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35950, Albertville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,508 (100%) |
| Owner Occupied HU | 5,109 (60.0%) |
| Renter Occupied HU | 2,948 (34.6%) |
| Vacant Housing Units | 451 ( 5.3%) |
| Median Home Value | $160,244 |
| Average Home Value | $196,905 |
Housing Distribution
Address Breakdown
Residential
8,069
Single Family
7,612
Multi-Family
457
Businesses
1,013
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Listed by: Bo Brown • RE/MAX Results
Mls Name: ValleyMLS
Mls ID: #21898548