43 Ora StBoazAL35957
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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 Boaz at 43 Ora St, Boaz, AL, 35957 priced at $489,900 converts $2,453/mo rent into after a $2,398/mo obligation. Total monthly income equals $2,453/mo. Return on cash invested prints 17.6% in year one, and rental yield reads 6.01% against a $489,900 entry. Equity gained on principal adds $3,161/yr, while 5% annual appreciation compiles into $135,350 by year five. Five-year ROI reaches 89.76% and total cumulative return in cash sums $145,769. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,453/mo property income covering a $2,398/mo payment, not borrower’s personal income.
Single Family
Built in 2002
1.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35957, Boaz, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,939 (100%) |
| Owner Occupied HU | 4,244 (61.2%) |
| Renter Occupied HU | 2,249 (32.4%) |
| Vacant Housing Units | 446 ( 6.4%) |
| Median Home Value | $164,615 |
| Average Home Value | $229,480 |
Housing Distribution
Address Breakdown
Residential
6,455
Single Family
6,018
Multi-Family
437
Businesses
662
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Listed by: Rusty Glines • Leading Edge RE Group-Gtsv.
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21889780
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