306 Oak StTalladegaAL35160
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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 Talladega at 306 Oak St, Talladega, AL, 35160 offers $960/mo rent that, after a $529/mo payment, leaves $350/mo cash flow. Total monthly income is $960/mo, and annual cash flow is $4,200/yr on $35,802 cash. Return on cash invested measures 31.64% in year one, and rental yield stands at 10.67% at a $108,000 entry. Equity gained on principal adds $697/yr while 5% annual appreciation compounds into $29,838 by year five. Five-year ROI records 165.03% and total cumulative return in cash reaches $59,084. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $960/mo property income versus a $529/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35160, Talladega, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,627 (100%) |
| Owner Occupied HU | 7,296 (57.8%) |
| Renter Occupied HU | 3,436 (27.2%) |
| Vacant Housing Units | 1,895 (15.0%) |
| Median Home Value | $160,200 |
| Average Home Value | $225,173 |
Housing Distribution
Address Breakdown
Residential
11,112
Single Family
10,753
Multi-Family
359
Businesses
621
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Listed by: Donna Haynes • ERA King Real Estate Pell City
Mls Name: GALMLS
Mls Provider:
Mls ID: #21399026
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.