380 Sherry DrCentreAL35960
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
Investment property for sale in Centre at 380 Sherry Dr, Centre, AL, 35960 offers a 9.77% rental yield on a $215,000 purchase with $1,750/mo rent. Total monthly income registers $1,750/mo, and a $1,052/mo payment leaves $537/mo available for distribution. Annual cash flow reaches $6,441/yr on $71,273 to close, and return on cash invested stands at 28.95% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,401 over five years. Portfolio math shows five-year ROI at 150.59% and total cumulative return in cash at $107,329. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,750/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35960, Centre, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,915 (100%) |
| Owner Occupied HU | 3,169 (53.6%) |
| Renter Occupied HU | 935 (15.8%) |
| Vacant Housing Units | 1,811 (30.6%) |
| Median Home Value | $248,768 |
| Average Home Value | $313,077 |
Housing Distribution
Address Breakdown
Residential
4,738
Single Family
4,590
Multi-Family
148
Businesses
496
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices