575 Cove RdSylacaugaAL35151
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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 Sylacauga at 575 Cove Rd, Sylacauga, AL, 35151 with 5% annual appreciation on a $644,900 basis while $3,251/mo rent supports operations. 67% in year one. Equity gained on principal adds $4,161/yr, and five-year appreciation sums $178,174 alongside rental yield of 6.05%. Five-year ROI measures 90.16% and total cumulative return in cash totals $191,300. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,251/mo property income versus a $3,156/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2022
0.58 Acres lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35151, Sylacauga, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,687 (100%) |
| Owner Occupied HU | 2,662 (72.2%) |
| Renter Occupied HU | 474 (12.9%) |
| Vacant Housing Units | 551 (14.9%) |
| Median Home Value | $153,906 |
| Average Home Value | $177,139 |
Housing Distribution
Address Breakdown
Residential
3,399
Single Family
3,399
Multi-Family
0
Businesses
95
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Listed by: Stephanie Lee • eXp Realty, LLC Central
Mls Name: GALMLS
Mls Provider:
Mls ID: #21376785
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.