502 Louisiana AveStevensonAL35772
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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 Stevenson at 502 Louisiana Ave, Stevenson, AL, 35772 uses $54,664 cash to close to unlock $4,552/yr annual cash flow and $379/mo monthly cash flow. Total monthly income runs $1,310/mo, and a $807/mo payment keeps the spread at $379/mo. Purchase price stands at $164,900, and rental yield measures 9.53% with $1,310/mo rent. Return on cash invested shows 28.24% in year one, and 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 146.82% and total cumulative return in cash records $80,260. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,310/mo property income covering a $807/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35772, Stevenson, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,157 (100%) |
| Owner Occupied HU | 1,376 (63.8%) |
| Renter Occupied HU | 539 (25.0%) |
| Vacant Housing Units | 242 (11.2%) |
| Median Home Value | $137,637 |
| Average Home Value | $157,235 |
Housing Distribution
Address Breakdown
Residential
1,928
Single Family
1,906
Multi-Family
22
Businesses
134
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