3880 Cox Gap RdBoazAL35956
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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 3880 Cox Gap Rd, Boaz, AL, 35956 uses $62,952 cash to close to unlock $9,511/yr annual cash flow and $793/mo monthly cash flow. Total monthly income runs $1,864/mo, and a $929/mo payment keeps the spread at $793/mo. Purchase price stands at $189,900, and rental yield measures 11.78% with $1,864/mo rent. Return on cash invested shows 35.02% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 183.18% and total cumulative return in cash records $115,313. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,864/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in 2007
0.30 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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