475 Kerri Ln WBoazAL35956
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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 Boaz at 475 Kerri Ln W, Boaz, AL, 35956 offers a 7.56% rental yield on a $155,000 purchase with $977/mo rent. Total monthly income registers $977/mo, and a $759/mo payment leaves $102/mo available for distribution. Annual cash flow reaches $1,221/yr on $51,383 to close, and return on cash invested stands at 22.29% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,824 over five years. Portfolio math shows five-year ROI at 114.89% and total cumulative return in cash at $59,032. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $977/mo property income against a $759/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2001
3.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35956, Boaz, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,764 (100%) |
| Owner Occupied HU | 2,839 (75.4%) |
| Renter Occupied HU | 663 (17.6%) |
| Vacant Housing Units | 262 ( 7.0%) |
| Median Home Value | $224,491 |
| Average Home Value | $258,281 |
Housing Distribution
Address Breakdown
Residential
3,694
Single Family
3,671
Multi-Family
23
Businesses
121
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