406 Broad StCamdenAL36726
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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
Rental property for sale in Camden at 406 Broad St, Camden, AL, 36726 priced at $235,000 converts $2,153/mo rent into $827/mo cash flow after a $1,150/mo obligation. Total monthly income equals $2,153/mo, and annual cash flow totals $9,921/yr on $77,903 invested. Return on cash invested prints 32.64% in year one, and rental yield reads 10.99% against a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,926 by year five. Five-year ROI reaches 170.42% and total cumulative return in cash sums $132,760. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,153/mo property income covering a $1,150/mo payment, not borrower’s personal income.
Single Family
Built in 1890
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36726, Camden, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,390 (100%) |
| Owner Occupied HU | 1,435 (60.0%) |
| Renter Occupied HU | 533 (22.3%) |
| Vacant Housing Units | 422 (17.7%) |
| Median Home Value | $116,109 |
| Average Home Value | $167,401 |
Housing Distribution
Address Breakdown
Residential
2,189
Single Family
2,189
Multi-Family
0
Businesses
271
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