506 Pumpkin Dr SWDecaturAL35603
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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
Rental property for sale in Decatur at 506 Pumpkin Dr SW, Decatur, AL, 35603 priced at $165,000 pairs $1,459/mo rent with $527/mo cash flow after a $808/mo payment. Total monthly income equals $1,459/mo, and annual cash flow comes to $6,327/yr on $54,698 invested. Return on cash invested is 31.48% in year one, and rental yield stands at 10.61% on a $165,000 basis. Equity gained on principal adds $1,065/yr, and 5% annual appreciation accumulates to $45,586 by year five. Five-year ROI measures 164.23% and total cumulative return in cash reaches $89,831. For financing, Ziffy Mortgage’s DSCR program evaluates $1,459/mo property income against a $808/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35603, Decatur, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,772 (100%) |
| Owner Occupied HU | 9,786 (66.2%) |
| Renter Occupied HU | 4,228 (28.6%) |
| Vacant Housing Units | 758 ( 5.1%) |
| Median Home Value | $258,997 |
| Average Home Value | $295,900 |
Housing Distribution
Address Breakdown
Residential
14,489
Single Family
13,004
Multi-Family
1,485
Businesses
624
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