308 3rd StTallasseeAL36078
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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 Tallassee at 308 3rd St, Tallassee, AL, 36078 earns $229/mo cash flow from $821/mo rent with a $513/mo payment. Total monthly income totals $821/mo, and annual cash flow totals $2,752/yr on $34,774 capital. ROI tracks 27.82% on current figures, and rental yield reads 9.39% at a $104,900 purchase. Equity gained on principal adds $677/yr, and 5% annual appreciation supports $28,982 over five years. Five-year ROI reaches 144.64% and total cumulative return in cash sums $50,298. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $821/mo property income instead of your personal income.
Single Family
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36078, Tallassee, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,580 (100%) |
| Owner Occupied HU | 4,111 (62.5%) |
| Renter Occupied HU | 1,681 (25.5%) |
| Vacant Housing Units | 788 (12.0%) |
| Median Home Value | $218,944 |
| Average Home Value | $267,663 |
Housing Distribution
Address Breakdown
Residential
6,082
Single Family
5,839
Multi-Family
243
Businesses
455
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