60 S Dakota AveThorsbyAL35171
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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 Thorsby at 60 S Dakota Ave, Thorsby, AL, 35171 listed at $301,800 pairs $1,847/mo rent with a $1,477/mo payment to leave $144/mo cash flow. Total monthly income runs $1,847/mo, and annual cash flow reaches $1,724/yr on $100,047 cash to close. Return on cash invested measures 21.63% in year one, and rental yield registers 7.34% at a $301,800 basis. Equity gained on principal adds $1,947/yr, and annual property appreciation at 5% supports $83,382 by year five. Five-year ROI tracks 111.38% and total cumulative return in cash totals $111,433. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,847/mo property income relative to a $1,477/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35171, Thorsby, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,700 (100%) |
| Owner Occupied HU | 1,316 (77.4%) |
| Renter Occupied HU | 231 (13.6%) |
| Vacant Housing Units | 153 ( 9.0%) |
| Median Home Value | $194,844 |
| Average Home Value | $222,990 |
Housing Distribution
Address Breakdown
Residential
1,333
Single Family
1,333
Multi-Family
0
Businesses
73
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