511 Pine Island CirScottsboroAL35769
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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 Scottsboro at 511 Pine Island Cir, Scottsboro, AL, 35769 priced at $1,900,000 pairs $1,500/mo rent with after a $9,300/mo payment. Total monthly income equals $1,500/mo. Return on cash invested is 2.39% in year one, and rental yield stands at 0.95% on a $1,900,000 basis. Equity gained on principal adds $12,260/yr, and 5% annual appreciation accumulates to $524,935 by year five. Five-year ROI measures 8.05% and total cumulative return in cash reaches $49,539. For financing, Ziffy Mortgage’s DSCR program evaluates $1,500/mo property income against a $9,300/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2007
2.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35769, Scottsboro, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,570 (100%) |
| Owner Occupied HU | 3,506 (62.9%) |
| Renter Occupied HU | 1,334 (23.9%) |
| Vacant Housing Units | 730 (13.1%) |
| Median Home Value | $217,774 |
| Average Home Value | $315,491 |
Housing Distribution
Address Breakdown
Residential
5,334
Single Family
4,456
Multi-Family
878
Businesses
222
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Nearby investment properties with comparable prices
Listed by: Andrew Pankey • Southern Elite Realty
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21889399
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