408 N Main StGraysvilleAL35073
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Graysville at 408 N Main St, Graysville, AL, 35073 offers $1,873/mo rent that, after a $1,077/mo payment, leaves $558/mo cash flow. Total monthly income is $1,873/mo, and annual cash flow is $6,694/yr on $72,930 cash. Return on cash invested measures 29.09% in year one, and rental yield stands at 10.22% at a $220,000 entry. Equity gained on principal adds $1,420/yr while 5% annual appreciation compounds into $60,782 by year five. Five-year ROI records 151.79% and total cumulative return in cash reaches $110,699. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,873/mo property income versus a $1,077/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35073, Graysville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,174 (100%) |
| Owner Occupied HU | 727 (61.9%) |
| Renter Occupied HU | 285 (24.3%) |
| Vacant Housing Units | 162 (13.8%) |
| Median Home Value | $128,074 |
| Average Home Value | $234,942 |
Housing Distribution
Address Breakdown
Residential
1,109
Single Family
1,109
Multi-Family
0
Businesses
82
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kimberly Cobb • RE/MAX Marketplace
Mls Name: GALMLS
Mls Provider:
Mls ID: #1338251
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.