378 Bright DrBlountsvilleAL35031
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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 Blountsville at 378 Bright Dr, Blountsville, AL, 35031 with 5% annual appreciation on a $241,500 basis while $3,224/mo rent supports operations. Total monthly income totals $3,224/mo and a $1,182/mo payment preserves $1,861/mo for cash returns. Annual cash flow comes to $22,330/yr on $80,057 deployed, and return on cash invested reaches 47.8% in year one. Equity gained on principal adds $1,558/yr, and five-year appreciation sums $66,722 alongside rental yield of 16.02%. Five-year ROI measures 251.72% and total cumulative return in cash totals $201,521.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,224/mo property income versus a $1,182/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1999
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35031, Blountsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,719 (100%) |
| Owner Occupied HU | 2,508 (67.4%) |
| Renter Occupied HU | 795 (21.4%) |
| Vacant Housing Units | 416 (11.2%) |
| Median Home Value | $174,319 |
| Average Home Value | $219,368 |
Housing Distribution
Address Breakdown
Residential
3,265
Single Family
3,265
Multi-Family
0
Businesses
139
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Listed by: David King • Remax Patriot Realty
Mls Name: Walker County Area MLS
Mls ID: #24-961
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. Copyright 2025 Walker County Area MLS, All rights reserved.