501 Burke AveAttallaAL35954
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 Attalla at 501 Burke Ave, Attalla, AL, 35954 offers a 9.2% rental yield on a $170,000 purchase with $1,304/mo rent. Total monthly income registers $1,304/mo, and a $832/mo payment leaves $318/mo available for distribution. Annual cash flow reaches $3,821/yr on $56,355 to close, and return on cash invested stands at 26.69% in year one. Equity gained on principal adds $1,097/yr while 5% annual appreciation supports $46,968 over five years. Portfolio math shows five-year ROI at 138.74% and total cumulative return in cash at $78,189. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,304/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35954, Attalla, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,535 (100%) |
| Owner Occupied HU | 3,528 (63.7%) |
| Renter Occupied HU | 1,358 (24.5%) |
| Vacant Housing Units | 649 (11.7%) |
| Median Home Value | $165,921 |
| Average Home Value | $215,180 |
Housing Distribution
Address Breakdown
Residential
5,183
Single Family
5,057
Multi-Family
126
Businesses
378
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Listed by: Sandra Patterson • ERA King Real Estate
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21874932
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