49 Lee AveRainsvilleAL35986
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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 Rainsville at 49 Lee Ave, Rainsville, AL, 35986 uses $56,024 cash to close to unlock $4,731/yr annual cash flow and $394/mo monthly cash flow. Total monthly income runs $1,348/mo, and a $827/mo payment keeps the spread at $394/mo. Purchase price stands at $169,000, and rental yield measures 9.57% with $1,348/mo rent. Return on cash invested shows 28.35% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 147.49% and total cumulative return in cash records $82,627. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,348/mo property income covering a $827/mo payment rather than investor’s personal income.
Single Family
Built in 1991
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35986, Rainsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,641 (100%) |
| Owner Occupied HU | 2,573 (70.7%) |
| Renter Occupied HU | 806 (22.1%) |
| Vacant Housing Units | 262 ( 7.2%) |
| Median Home Value | $238,413 |
| Average Home Value | $272,546 |
Housing Distribution
Address Breakdown
Residential
3,473
Single Family
3,393
Multi-Family
80
Businesses
326
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Listed by: Chad Williams • Williams Real Estate, LLC
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21874895
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