3421 Westover RdSterrettAL35147
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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 Sterrett at 3421 Westover Rd, Sterrett, AL, 35147 uses $95,804 cash to close to unlock $4,815/yr annual cash flow and $401/mo monthly cash flow. Total monthly income runs $2,033/mo, and a $1,415/mo payment keeps the spread at $401/mo. Purchase price stands at $289,000, and rental yield measures 8.44% with $2,033/mo rent. Return on cash invested shows 24.93% in year one, and 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 129.12% and total cumulative return in cash records $123,698. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,033/mo property income covering a $1,415/mo payment rather than investor’s personal income.
Single Family
Built in 2006
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35147, Sterrett, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,404 (100%) |
| Owner Occupied HU | 2,001 (83.2%) |
| Renter Occupied HU | 279 (11.6%) |
| Vacant Housing Units | 124 ( 5.2%) |
| Median Home Value | $333,491 |
| Average Home Value | $387,453 |
Housing Distribution
Address Breakdown
Residential
2,291
Single Family
2,248
Multi-Family
43
Businesses
71
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Listed by: Alicia Johnson • eXp Realty, LLC Central
Mls Name: GALMLS
Mls Provider:
Mls ID: #21416813
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.