307 Puyallup RdDecaturAL35603
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 Decatur at 307 Puyallup Rd, Decatur, AL, 35603 generates $2,160/mo in rent and, after a $1,104/mo payment, leaves $872/mo in cash flow. Total monthly income is $2,160/mo, and annual cash flow is $10,467/yr on $74,783 invested. Return on cash invested sits at 33.9% in year one, and rental yield is 11.49% on a $225,590 entry. Equity gained on principal adds $1,456/yr, while 5% annual appreciation builds toward $62,326 over five years. Five-year ROI reaches 177.33% and total cumulative return in cash sums $132,614. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,160/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
$175 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35603, Decatur, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,772 (100%) |
| Owner Occupied HU | 9,786 (66.2%) |
| Renter Occupied HU | 4,228 (28.6%) |
| Vacant Housing Units | 758 ( 5.1%) |
| Median Home Value | $258,997 |
| Average Home Value | $295,900 |
Housing Distribution
Address Breakdown
Residential
14,489
Single Family
13,004
Multi-Family
1,485
Businesses
624
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Nearby investment properties with comparable prices
Listed by: Christopher Rickling • Rausch Coleman Realty Group
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21870795
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