409 7th Ave NWDecaturAL35601
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
Investment property for sale in Decatur at 409 7th Ave NW, Decatur, AL, 35601 at $140,000 posts ROI 27.69% with $301/mo cash flow from $1,093/mo rent. Total monthly income equals $1,093/mo, and annual cash flow records $3,609/yr on $46,410 to close. Return on cash invested measures 27.69% and rental yield reads 9.37% at the current $140,000. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 by year five. Five-year ROI prints 143.86% and total cumulative return in cash totals $66,766.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,093/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35601, Decatur, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,105 (100%) |
| Owner Occupied HU | 7,958 (52.7%) |
| Renter Occupied HU | 6,057 (40.1%) |
| Vacant Housing Units | 1,090 ( 7.2%) |
| Median Home Value | $173,990 |
| Average Home Value | $223,578 |
Housing Distribution
Address Breakdown
Residential
13,960
Single Family
12,999
Multi-Family
961
Businesses
2,056
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Nearby investment properties with comparable prices
Listed by: Andrew Driver • Keller Williams Realty
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21870566
Disclaimer: Properties marked with this icon are provided courtesy of the Valley MLS IDX Database. Some or all of the listings displayed may not belong to the firm whose website is being visited. All information provided is deemed reliable but is not guaranteed and should be independently verified. Copyright 2024 Valley MLS