6 Cannon RdSylacaugaAL35150
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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 6 Cannon Rd, Sylacauga, AL, 35150 with 5% annual appreciation on a $126,900 basis while $964/mo rent supports operations. Total monthly income totals $964/mo and a $621/mo payment preserves $248/mo for cash returns. Annual cash flow comes to $2,974/yr on $42,067 deployed, and return on cash invested reaches 26.98% in year one. Equity gained on principal adds $819/yr, and five-year appreciation sums $35,060 alongside rental yield of 9.12%. Five-year ROI measures 140.06% and total cumulative return in cash totals $58,921.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $964/mo property income versus a $621/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35150, Sylacauga, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,821 (100%) |
| Owner Occupied HU | 4,731 (53.6%) |
| Renter Occupied HU | 3,046 (34.5%) |
| Vacant Housing Units | 1,044 (11.8%) |
| Median Home Value | $161,330 |
| Average Home Value | $187,470 |
Housing Distribution
Address Breakdown
Residential
7,852
Single Family
7,195
Multi-Family
657
Businesses
808
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Listed by: Connie Joiner • Coldwell Banker Advance One Re
Mls Name: GALMLS
Mls Provider:
Mls ID: #21415364
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.