329 Martin DrMuscle ShoalsAL35661
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 Muscle Shoals at 329 Martin Dr, Muscle Shoals, AL, 35661 offers $1,315/mo rent that, after a $2,687/mo payment. Total monthly income is $1,315/mo. Return on cash invested measures 8.21% in year one, and rental yield stands at 2.87% at a $549,000 entry. Equity gained on principal adds $3,543/yr while 5% annual appreciation compounds into $151,679 by year five. Five-year ROI records 39.37% and total cumulative return in cash reaches $71,108. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,315/mo property income versus a $2,687/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
2.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35661, Muscle Shoals, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,939 (100%) |
| Owner Occupied HU | 5,873 (65.7%) |
| Renter Occupied HU | 2,358 (26.4%) |
| Vacant Housing Units | 708 ( 7.9%) |
| Median Home Value | $204,446 |
| Average Home Value | $252,543 |
Housing Distribution
Address Breakdown
Residential
8,611
Single Family
8,185
Multi-Family
426
Businesses
817
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Presley • WOW Real Estate
Mls Name: Strategic MLS Alliance
Mls ID: #524583