412 N Main StPiedmontAL36272
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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
Investment property for sale in Piedmont at 412 N Main St, Piedmont, AL, 36272 offers a 16.06% rental yield on a $158,680 purchase with $2,124/mo rent. Total monthly income registers $2,124/mo, and a $777/mo payment leaves $1,228/mo available for distribution. Annual cash flow reaches $14,736/yr on $52,602 to close, and return on cash invested stands at 47.92% in year one. Equity gained on principal adds $1,024/yr while 5% annual appreciation supports $43,840 over five years. Portfolio math shows five-year ROI at 252.32% and total cumulative return in cash at $132,727. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,124/mo property income against a $777/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36272, Piedmont, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,988 (100%) |
| Owner Occupied HU | 4,062 (67.8%) |
| Renter Occupied HU | 1,138 (19.0%) |
| Vacant Housing Units | 788 (13.2%) |
| Median Home Value | $161,014 |
| Average Home Value | $181,000 |
Housing Distribution
Address Breakdown
Residential
5,681
Single Family
5,681
Multi-Family
0
Businesses
332
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