481 Malone DrHortonAL35980
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
Rental property for sale in Horton at 481 Malone Dr, Horton, AL, 35980 offers $1,558/mo rent that, after a $1,370/mo payment. Total monthly income is $1,558/mo. Return on cash invested measures 19.62% in year one, and rental yield stands at 6.68% at a $280,000 entry. Equity gained on principal adds $1,807/yr while 5% annual appreciation compounds into $77,359 by year five. Five-year ROI records 100.59% and total cumulative return in cash reaches $93,369. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,558/mo property income versus a $1,370/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
7.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35980, Horton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,016 (100%) |
| Owner Occupied HU | 1,495 (74.2%) |
| Renter Occupied HU | 381 (18.9%) |
| Vacant Housing Units | 140 ( 6.9%) |
| Median Home Value | $193,899 |
| Average Home Value | $225,803 |
Housing Distribution
Address Breakdown
Residential
2,063
Single Family
2,063
Multi-Family
0
Businesses
39
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Nearby investment properties with comparable prices
Listed by: Camryn Wayner • BHHS Rise-Scottsboro Branch
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21891973
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