560 Sanders StCarrolltonAL35447
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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 Carrollton at 560 Sanders St, Carrollton, AL, 35447 offers a 8.76% rental yield on a $612,999 purchase with $4,474/mo rent. Total monthly income registers $4,474/mo, and a $3,000/mo payment leaves $1,014/mo available for distribution. Annual cash flow reaches $12,171/yr on $201,677 to close, and return on cash invested stands at 26.1% in year one. Equity gained on principal adds $3,956/yr while 5% annual appreciation supports $169,360 over five years. Portfolio math shows five-year ROI at 135.28% and total cumulative return in cash at $272,821. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,474/mo property income against a $3,000/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1970
7.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35447, Carrollton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,587 (100%) |
| Owner Occupied HU | 968 (61.0%) |
| Renter Occupied HU | 328 (20.7%) |
| Vacant Housing Units | 291 (18.3%) |
| Median Home Value | $153,012 |
| Average Home Value | $175,987 |
Housing Distribution
Address Breakdown
Residential
1,296
Single Family
1,296
Multi-Family
0
Businesses
110
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Listed by: Tricia Stone • Carrie Fitts Real Estate
Mls Name: WAMLS
Mls ID: #162684