304 Washington CirScottsboroAL35768
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
Investment property for sale in Scottsboro at 304 Washington Cir, Scottsboro, AL, 35768 at $269,900 posts ROI 34.58% with $1,094/mo cash flow from $2,617/mo rent. Total monthly income equals $2,617/mo, and annual cash flow records $13,123/yr on $89,472 to close. Return on cash invested measures 34.58% and rental yield reads 11.64% at the current $269,900. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,568 by year five. Five-year ROI prints 180.8% and total cumulative return in cash totals $161,766.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,617/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1962
0.77 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Missy Tolleson • Scenic Realty
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21876326
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