410 Sherman St SE, Decatur, AL, 35601 | $313/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Decatur at 410 Sherman St SE, Decatur, AL, 35601 priced at $309,900 converts $2,062/mo rent into $313/mo cash flow after a $1,517/mo obligation. Total monthly income equals $2,062/mo, and annual cash flow totals $3,751/yr on $102,732 invested. Return on cash invested prints 23.56% in year one, and rental yield reads 7.98% against a $309,900 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation compiles into $85,620 by year five. Five-year ROI reaches 121.71% and total cumulative return in cash sums $125,040. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,062/mo property income covering a $1,517/mo payment, not borrower’s personal income.

Single Family

Built in 1916

7,000 sqft 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