388 Misty LnBoazAL35956
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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 Boaz at 388 Misty Ln, Boaz, AL, 35956 with 5% annual appreciation on a $199,900 basis while $2,534/mo rent supports operations. Total monthly income totals $2,534/mo and a $978/mo payment preserves $1,406/mo for cash returns. Annual cash flow comes to $16,873/yr on $66,267 deployed, and return on cash invested reaches 45.37% in year one. Equity gained on principal adds $1,290/yr, and five-year appreciation sums $55,229 alongside rental yield of 15.21%. Five-year ROI measures 238.73% and total cumulative return in cash totals $158,197.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,534/mo property income versus a $978/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35956, Boaz, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,764 (100%) |
| Owner Occupied HU | 2,839 (75.4%) |
| Renter Occupied HU | 663 (17.6%) |
| Vacant Housing Units | 262 ( 7.0%) |
| Median Home Value | $224,491 |
| Average Home Value | $258,281 |
Housing Distribution
Address Breakdown
Residential
3,694
Single Family
3,671
Multi-Family
23
Businesses
121
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