307 Larkin StScottsboroAL35768
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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 307 Larkin St, Scottsboro, AL, 35768 with 5% annual appreciation on a $162,000 basis while $1,243/mo rent supports operations. Total monthly income totals $1,243/mo and a $793/mo payment preserves $329/mo for cash returns. Annual cash flow comes to $3,942/yr on $53,703 deployed, and return on cash invested reaches 27.25% in year one. Equity gained on principal adds $1,045/yr, and five-year appreciation sums $44,758 alongside rental yield of 9.21%. Five-year ROI measures 141.54% and total cumulative return in cash totals $76,013.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,243/mo property income versus a $793/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
0.45 Acres 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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Listed by: Molly Border • Southland Realty & Auction LLC
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21870324
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