306 Locust StTuscumbiaAL35674
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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 Tuscumbia at 306 Locust St, Tuscumbia, AL, 35674 priced at $268,700 pairs $2,534/mo rent with $1,017/mo cash flow after a $1,315/mo payment. Total monthly income equals $2,534/mo, and annual cash flow comes to $12,210/yr on $89,074 invested. Return on cash invested is 33.62% in year one, and rental yield stands at 11.32% on a $268,700 basis. Equity gained on principal adds $1,734/yr, and 5% annual appreciation accumulates to $74,237 by year five. Five-year ROI measures 175.65% and total cumulative return in cash reaches $156,457. For financing, Ziffy Mortgage’s DSCR program evaluates $2,534/mo property income against a $1,315/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1968
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35674, Tuscumbia, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,386 (100%) |
| Owner Occupied HU | 6,007 (64.0%) |
| Renter Occupied HU | 2,499 (26.6%) |
| Vacant Housing Units | 880 ( 9.4%) |
| Median Home Value | $191,175 |
| Average Home Value | $232,006 |
Housing Distribution
Address Breakdown
Residential
9,169
Single Family
8,412
Multi-Family
757
Businesses
615
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