517 Etowah St SEAttallaAL35954
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 Attalla at 517 Etowah St SE, Attalla, AL, 35954 generates $1,732/mo in rent and, after a $832/mo payment, leaves $773/mo in cash flow. Total monthly income is $1,732/mo, and annual cash flow is $9,270/yr on $56,355 invested. Return on cash invested sits at 36.36% in year one, and rental yield is 12.23% on a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 190.38% and total cumulative return in cash sums $107,289. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,732/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35954, Attalla, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,535 (100%) |
| Owner Occupied HU | 3,528 (63.7%) |
| Renter Occupied HU | 1,358 (24.5%) |
| Vacant Housing Units | 649 (11.7%) |
| Median Home Value | $165,921 |
| Average Home Value | $215,180 |
Housing Distribution
Address Breakdown
Residential
5,183
Single Family
5,057
Multi-Family
126
Businesses
378
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Listed by: Dee Blackmon • Advantage Properties
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21891123
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