509 W Appletree StScottsboroAL35768
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
Rental property for sale in Scottsboro at 509 W Appletree St, Scottsboro, AL, 35768 priced at $135,000 pairs $1,056/mo rent with $294/mo cash flow after a $661/mo payment. Total monthly income equals $1,056/mo, and annual cash flow comes to $3,525/yr on $44,753 invested. Return on cash invested is 27.79% in year one, and rental yield stands at 9.39% on a $135,000 basis. Equity gained on principal adds $871/yr, and 5% annual appreciation accumulates to $37,298 by year five. Five-year ROI measures 144.4% and total cumulative return in cash reaches $64,621. For financing, Ziffy Mortgage’s DSCR program evaluates $1,056/mo property income against a $661/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1948
N/A 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: Sharon Proctor • Legacy Oak, LLC
Mls Name: ValleyMLS
Mls ID: #21904257