56 Leeth Gap Cutoff RdBoazAL35956
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
Investment property for sale in Boaz at 56 Leeth Gap Cutoff Rd, Boaz, AL, 35956 at $281,000 posts ROI 20.03% with $9/mo cash flow from $1,595/mo rent. Total monthly income equals $1,595/mo, and annual cash flow records $111/yr on $93,152 to close. Return on cash invested measures 20.03% and rental yield reads 6.81% at the current $281,000. Equity gained on principal adds $1,813/yr, and 5% annual appreciation supports $77,635 by year five. Five-year ROI prints 102.8% and total cumulative return in cash totals $95,759.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,595/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1946
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35956, Boaz, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,764 (100%) |
| Owner Occupied HU | 2,839 (75.4%) |
| Renter Occupied HU | 663 (17.6%) |
| Vacant Housing Units | 262 ( 7.0%) |
| Median Home Value | $224,491 |
| Average Home Value | $258,281 |
Housing Distribution
Address Breakdown
Residential
3,694
Single Family
3,671
Multi-Family
23
Businesses
121
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Nearby investment properties with comparable prices
Listed by: Rhonda Hunt • ERA King Real Estate
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21896951
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