508 Martin StScottsboroAL35768
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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 Scottsboro at 508 Martin St, Scottsboro, AL, 35768 with 5% annual appreciation on a $399,900 basis while $2,503/mo rent supports operations. Total monthly income totals $2,503/mo and a $1,957/mo payment preserves $246/mo for cash returns. Annual cash flow comes to $2,953/yr on $132,567 deployed, and return on cash invested reaches 22.14% in year one. Equity gained on principal adds $2,580/yr, and five-year appreciation sums $110,485 alongside rental yield of 7.51%. Five-year ROI measures 114.1% and total cumulative return in cash totals $151,256.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,503/mo property income versus a $1,957/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35768, Scottsboro, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,190 (100%) |
| Owner Occupied HU | 3,233 (62.3%) |
| Renter Occupied HU | 1,430 (27.6%) |
| Vacant Housing Units | 527 (10.2%) |
| Median Home Value | $142,672 |
| Average Home Value | $189,654 |
Housing Distribution
Address Breakdown
Residential
5,008
Single Family
4,876
Multi-Family
132
Businesses
797
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Listed by: Bre Hearn • Crue Realty
Mls Name: ValleyMLS
Mls ID: #21891500