315 Bobwhite Dr SWDecaturAL35601
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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
Rental property for sale in Decatur at 315 Bobwhite Dr SW, Decatur, AL, 35601 priced at $130,000 converts $1,019/mo rent into $286/mo cash flow after a $636/mo obligation. Total monthly income equals $1,019/mo, and annual cash flow totals $3,426/yr on $43,095 invested. Return on cash invested prints 27.86% in year one, and rental yield reads 9.41% against a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation compiles into $35,917 by year five. Five-year ROI reaches 144.83% and total cumulative return in cash sums $62,415. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,019/mo property income covering a $636/mo payment, not borrower’s personal income.
Single Family
Built in N/A
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35601, Decatur, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,105 (100%) |
| Owner Occupied HU | 7,958 (52.7%) |
| Renter Occupied HU | 6,057 (40.1%) |
| Vacant Housing Units | 1,090 ( 7.2%) |
| Median Home Value | $173,990 |
| Average Home Value | $223,578 |
Housing Distribution
Address Breakdown
Residential
13,960
Single Family
12,999
Multi-Family
961
Businesses
2,056
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