308 W 37th StAnnistonAL36201
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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 Anniston at 308 W 37th St, Anniston, AL, 36201 listed at $120,000 pairs $957/mo rent with a $587/mo payment to leave $255/mo cash flow. Total monthly income runs $957/mo, and annual cash flow reaches $3,059/yr on $39,780 cash to close. Return on cash invested measures 27.6% in year one, and rental yield registers 9.57% at a $120,000 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,154 by year five. Five-year ROI tracks 143.61% and total cumulative return in cash totals $57,127. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $957/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1958
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36201, Anniston, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,619 (100%) |
| Owner Occupied HU | 4,313 (50.0%) |
| Renter Occupied HU | 2,613 (30.3%) |
| Vacant Housing Units | 1,693 (19.6%) |
| Median Home Value | $83,629 |
| Average Home Value | $120,117 |
Housing Distribution
Address Breakdown
Residential
7,384
Single Family
7,140
Multi-Family
244
Businesses
983
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Listed by: Susin Herod • American Real Estate
Mls Name: GALMLS
Mls Provider:
Mls ID: #21414880
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.