3063 Highway 47ColumbianaAL35051
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 Columbiana at 3063 Highway 47, Columbiana, AL, 35051 listed at $569,000 pairs $930/mo rent with a $2,785/mo payment. Total monthly income runs $930/mo. Return on cash invested measures 5.43% in year one, and rental yield registers 1.96% at a $569,000 basis. Equity gained on principal adds $3,672/yr, and annual property appreciation at 5% supports $157,204 by year five. Five-year ROI tracks 24.48% and total cumulative return in cash totals $45,827. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $930/mo property income relative to a $2,785/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
8 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35051, Columbiana, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,607 (100%) |
| Owner Occupied HU | 2,476 (68.6%) |
| Renter Occupied HU | 830 (23.0%) |
| Vacant Housing Units | 301 ( 8.3%) |
| Median Home Value | $329,118 |
| Average Home Value | $357,637 |
Housing Distribution
Address Breakdown
Residential
3,426
Single Family
3,254
Multi-Family
172
Businesses
333
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Listed by: Brian Thomas • RE/MAX Advantage South
Mls Name: GALMLS
Mls ID: #21427262