354 Gross RdParrishAL35580
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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 Parrish at 354 Gross Rd, Parrish, AL, 35580 earns from $1,207/mo rent with a $1,214/mo payment. Total monthly income totals $1,207/mo. ROI tracks 17.09% on current figures, and rental yield reads 5.84% at a $248,000 purchase. Equity gained on principal adds $1,600/yr, and 5% annual appreciation supports $68,518 over five years. Five-year ROI reaches 87% and total cumulative return in cash sums $71,526. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,207/mo property income instead of your personal income.
Manufactured
Built in 1982
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35580, Parrish, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,841 (100%) |
| Owner Occupied HU | 1,293 (70.2%) |
| Renter Occupied HU | 306 (16.6%) |
| Vacant Housing Units | 242 (13.1%) |
| Median Home Value | $119,742 |
| Average Home Value | $159,797 |
Housing Distribution
Address Breakdown
Residential
1,544
Single Family
1,544
Multi-Family
0
Businesses
63
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Listed by: Britt Payne • Keller Williams Tuscaloosa
Mls Name: WAMLS
Mls Provider:
Mls ID: #169659
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.