308 3rd StTuscumbiaAL35674
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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 Tuscumbia at 308 3rd St, Tuscumbia, AL, 35674 earns $617/mo cash flow from $1,522/mo rent with a $783/mo payment. Total monthly income totals $1,522/mo, and annual cash flow totals $7,398/yr on $53,007 capital. ROI tracks 33.87% on current figures, and rental yield reads 11.42% at a $159,900 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,177 over five years. Five-year ROI reaches 177.02% and total cumulative return in cash sums $93,834. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,522/mo property income instead of your personal income.
Single Family
Built in 1925
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35674, Tuscumbia, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,386 (100%) |
| Owner Occupied HU | 6,007 (64.0%) |
| Renter Occupied HU | 2,499 (26.6%) |
| Vacant Housing Units | 880 ( 9.4%) |
| Median Home Value | $191,175 |
| Average Home Value | $232,006 |
Housing Distribution
Address Breakdown
Residential
9,169
Single Family
8,412
Multi-Family
757
Businesses
615
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Listed by: Kim Matlock • RE/MAX Infinity
Mls Name: Strategic MLS Alliance
Mls ID: #522732
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.