409 E 3rd StTuscumbiaAL35674
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 Tuscumbia at 409 E 3rd St, Tuscumbia, AL, 35674 at $329,900 posts ROI 23.95% with $369/mo cash flow from $2,231/mo rent. Total monthly income equals $2,231/mo, and annual cash flow records $4,423/yr on $109,362 to close. Return on cash invested measures 23.95% and rental yield reads 8.12% at the current $329,900. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,145 by year five. Five-year ROI prints 123.83% and total cumulative return in cash totals $135,423.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,231/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1880
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35674, Tuscumbia, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,386 (100%) |
| Owner Occupied HU | 6,007 (64.0%) |
| Renter Occupied HU | 2,499 (26.6%) |
| Vacant Housing Units | 880 ( 9.4%) |
| Median Home Value | $191,175 |
| Average Home Value | $232,006 |
Housing Distribution
Address Breakdown
Residential
9,169
Single Family
8,412
Multi-Family
757
Businesses
615
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Listed by: Emily Stutts • Coldwell Banker Pinnacle Properties
Mls Name: Strategic MLS Alliance
Mls ID: #522563
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.