3554 Highway 59Spruce PineAL35585
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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 Spruce Pine at 3554 Highway 59, Spruce Pine, AL, 35585 generates $1,598/mo in rent and, after a $1,028/mo payment, leaves $413/mo in cash flow. Total monthly income is $1,598/mo, and annual cash flow is $4,950/yr on $69,615 invested. Return on cash invested sits at 27.02% in year one, and rental yield is 9.13% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 140.3% and total cumulative return in cash sums $97,672. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,598/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35585, Spruce Pine, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 678 (100%) |
| Owner Occupied HU | 449 (66.2%) |
| Renter Occupied HU | 151 (22.3%) |
| Vacant Housing Units | 78 (11.5%) |
| Median Home Value | $183,984 |
| Average Home Value | $223,062 |
Housing Distribution
Address Breakdown
Residential
664
Single Family
664
Multi-Family
0
Businesses
28
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Listed by: Sydney Hicks • Main Street Real Estate
Mls Name: Strategic MLS Alliance
Mls ID: #524272
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.