601 Broadway StSheffieldAL35660
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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 Sheffield at 601 Broadway St, Sheffield, AL, 35660 with 5% annual appreciation on a $248,900 basis while $1,434/mo rent supports operations. Total monthly income totals $1,434/mo and a $1,218/mo payment preserves $29/mo for cash returns. Annual cash flow comes to $352/yr on $82,510 deployed, and return on cash invested reaches 20.34% in year one. Equity gained on principal adds $1,606/yr, and five-year appreciation sums $68,766 alongside rental yield of 6.91%. Five-year ROI measures 104.45% and total cumulative return in cash totals $86,185.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,434/mo property income versus a $1,218/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35660, Sheffield, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,175 (100%) |
| Owner Occupied HU | 2,449 (47.3%) |
| Renter Occupied HU | 2,041 (39.4%) |
| Vacant Housing Units | 685 (13.2%) |
| Median Home Value | $137,199 |
| Average Home Value | $170,423 |
Housing Distribution
Address Breakdown
Residential
4,528
Single Family
3,667
Multi-Family
861
Businesses
499
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