4418 Norris Mill Rd SWDecaturAL35603
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 Decatur at 4418 Norris Mill Rd SW, Decatur, AL, 35603 at $499,900 posts ROI 17.77% with from $2,527/mo rent. Total monthly income equals $2,527/mo. Return on cash invested measures 17.77% and rental yield reads 6.07% at the current $499,900. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,113 by year five. Five-year ROI prints 90.7% and total cumulative return in cash totals $150,300. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,527/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1964
3.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35603, Decatur, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,772 (100%) |
| Owner Occupied HU | 9,786 (66.2%) |
| Renter Occupied HU | 4,228 (28.6%) |
| Vacant Housing Units | 758 ( 5.1%) |
| Median Home Value | $258,997 |
| Average Home Value | $295,900 |
Housing Distribution
Address Breakdown
Residential
14,489
Single Family
13,004
Multi-Family
1,485
Businesses
624
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Nearby investment properties with comparable prices
Listed by: Shelia Cotharin • Coldwell Banker McMillan
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21888410
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