413 Highland AveAlbertvilleAL35950
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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
Rental property for sale in Albertville at 413 Highland Ave, Albertville, AL, 35950 priced at $189,900 converts $1,437/mo rent into $366/mo cash flow after a $929/mo obligation. Total monthly income equals $1,437/mo, and annual cash flow totals $4,387/yr on $62,952 invested. Return on cash invested prints 26.88% in year one, and rental yield reads 9.08% against a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation compiles into $52,466 by year five. Five-year ROI reaches 139.5% and total cumulative return in cash sums $87,821. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,437/mo property income covering a $929/mo payment, not borrower’s personal income.
Single Family
Built in 1965
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35950, Albertville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,508 (100%) |
| Owner Occupied HU | 5,109 (60.0%) |
| Renter Occupied HU | 2,948 (34.6%) |
| Vacant Housing Units | 451 ( 5.3%) |
| Median Home Value | $160,244 |
| Average Home Value | $196,905 |
Housing Distribution
Address Breakdown
Residential
8,069
Single Family
7,612
Multi-Family
457
Businesses
1,013
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Listed by: Rachel Weiss • Weiss Realty LLC
Mls Name: ValleyMLS
Mls ID: #21897379