40533 State Highway 75AltoonaAL35952
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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 Altoona at 40533 State Highway 75, Altoona, AL, 35952 uses $49,725 cash to close to unlock $10,134/yr annual cash flow and $845/mo monthly cash flow. Total monthly income runs $1,691/mo, and a $734/mo payment keeps the spread at $845/mo. Purchase price stands at $150,000, and rental yield measures 13.53% with $1,691/mo rent. Return on cash invested shows 40.29% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 211.44% and total cumulative return in cash records $105,138. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,691/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 2007
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35952, Altoona, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,449 (100%) |
| Owner Occupied HU | 2,375 (68.9%) |
| Renter Occupied HU | 771 (22.4%) |
| Vacant Housing Units | 303 ( 8.8%) |
| Median Home Value | $180,774 |
| Average Home Value | $215,077 |
Housing Distribution
Address Breakdown
Residential
3,173
Single Family
3,148
Multi-Family
25
Businesses
156
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Listed by: Kimberly Cobb • RE/MAX Marketplace
Mls Name: GALMLS
Mls Provider:
Mls ID: #21394860
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.