307 Davis StAlbertvilleAL35950
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
Rental property for sale in Albertville at 307 Davis St, Albertville, AL, 35950 priced at $185,000 converts $1,395/mo rent into $351/mo cash flow after a $905/mo obligation. Total monthly income equals $1,395/mo, and annual cash flow totals $4,215/yr on $61,328 invested. Return on cash invested prints 26.78% in year one, and rental yield reads 9.05% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 139.05% and total cumulative return in cash sums $85,275. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,395/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 1950
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35950, Albertville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,508 (100%) |
| Owner Occupied HU | 5,109 (60.0%) |
| Renter Occupied HU | 2,948 (34.6%) |
| Vacant Housing Units | 451 ( 5.3%) |
| Median Home Value | $160,244 |
| Average Home Value | $196,905 |
Housing Distribution
Address Breakdown
Residential
8,069
Single Family
7,612
Multi-Family
457
Businesses
1,013
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Audrey James • KW Huntsville Keller Williams
Mls Name: ValleyMLS
Mls ID: #21907068