305 Hamilton AveScottsboroAL35768
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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 Scottsboro at 305 Hamilton Ave, Scottsboro, AL, 35768 uses $82,842 cash to close to unlock $5,803/yr annual cash flow and $484/mo monthly cash flow. Total monthly income runs $1,894/mo, and a $1,223/mo payment keeps the spread at $484/mo. Purchase price stands at $249,900, and rental yield measures 9.09% with $1,894/mo rent. Return on cash invested shows 26.91% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 139.7% and total cumulative return in cash records $115,730. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,894/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 1972
9,000 sqft 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
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