406 Stevens AveMuscle ShoalsAL35661
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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 Muscle Shoals at 406 Stevens Ave, Muscle Shoals, AL, 35661 generates $1,608/mo in rent and, after a $929/mo payment, leaves $537/mo in cash flow. Total monthly income is $1,608/mo, and annual cash flow is $6,439/yr on $62,952 invested. Return on cash invested sits at 30.14% in year one, and rental yield is 10.16% on a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 157% and total cumulative return in cash sums $98,837. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,608/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35661, Muscle Shoals, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,939 (100%) |
| Owner Occupied HU | 5,873 (65.7%) |
| Renter Occupied HU | 2,358 (26.4%) |
| Vacant Housing Units | 708 ( 7.9%) |
| Median Home Value | $204,446 |
| Average Home Value | $252,543 |
Housing Distribution
Address Breakdown
Residential
8,611
Single Family
8,185
Multi-Family
426
Businesses
817
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Listed by: Lydia Grissom • Modern Market Real Estate
Mls Name: Strategic MLS Alliance
Mls ID: #526405