570 Martin RdBoazAL35957
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 Boaz at 570 Martin Rd, Boaz, AL, 35957 priced at $624,900 pairs $5,830/mo rent with $2,297/mo cash flow after a $3,059/mo payment. Total monthly income equals $5,830/mo, and annual cash flow comes to $27,559/yr on $205,592 invested. Return on cash invested is 33.47% in year one, and rental yield stands at 11.2% on a $624,900 basis. Equity gained on principal adds $4,032/yr, and 5% annual appreciation accumulates to $172,648 by year five. Five-year ROI measures 174.8% and total cumulative return in cash reaches $359,369. For financing, Ziffy Mortgage’s DSCR program evaluates $5,830/mo property income against a $3,059/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2002
1.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35957, Boaz, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,939 (100%) |
| Owner Occupied HU | 4,244 (61.2%) |
| Renter Occupied HU | 2,249 (32.4%) |
| Vacant Housing Units | 446 ( 6.4%) |
| Median Home Value | $164,615 |
| Average Home Value | $229,480 |
Housing Distribution
Address Breakdown
Residential
6,455
Single Family
6,018
Multi-Family
437
Businesses
662
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Listed by: Jeff Overstreet • South Towne Realtors, LLC
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21864788
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