383 Sanderson StTown CreekAL35672
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
Rental property for sale in Town Creek at 383 Sanderson St, Town Creek, AL, 35672 priced at $170,500 pairs $1,439/mo rent with $476/mo cash flow after a $835/mo payment. Total monthly income equals $1,439/mo, and annual cash flow comes to $5,714/yr on $56,521 invested. Return on cash invested is 30.02% in year one, and rental yield stands at 10.13% on a $170,500 basis. Equity gained on principal adds $1,100/yr, and 5% annual appreciation accumulates to $47,106 by year five. Five-year ROI measures 156.39% and total cumulative return in cash reaches $88,390. For financing, Ziffy Mortgage’s DSCR program evaluates $1,439/mo property income against a $835/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35672, Town Creek, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,912 (100%) |
| Owner Occupied HU | 2,018 (69.3%) |
| Renter Occupied HU | 494 (17.0%) |
| Vacant Housing Units | 400 (13.7%) |
| Median Home Value | $160,833 |
| Average Home Value | $189,808 |
Housing Distribution
Address Breakdown
Residential
2,810
Single Family
2,714
Multi-Family
96
Businesses
140
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Listed by: Lydia Grissom • Modern Market Real Estate
Mls Name: Strategic MLS Alliance
Mls ID: #521434
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.