601 Eastview AveAlbertvilleAL35950
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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 Albertville at 601 Eastview Ave, Albertville, AL, 35950 uses $64,609 cash to close to unlock $9,382/yr annual cash flow and $782/mo monthly cash flow. Total monthly income runs $1,882/mo, and a $954/mo payment keeps the spread at $782/mo. Purchase price stands at $194,900, and rental yield measures 11.59% with $1,882/mo rent. Return on cash invested shows 34.43% in year one, and 5% annual appreciation builds toward $53,847 over five years. Five-year ROI reaches 180.02% and total cumulative return in cash records $116,307. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,882/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35950, Albertville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,508 (100%) |
| Owner Occupied HU | 5,109 (60.0%) |
| Renter Occupied HU | 2,948 (34.6%) |
| Vacant Housing Units | 451 ( 5.3%) |
| Median Home Value | $160,244 |
| Average Home Value | $196,905 |
Housing Distribution
Address Breakdown
Residential
8,069
Single Family
7,612
Multi-Family
457
Businesses
1,013
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Listed by: Julie Whitt • South Towne Realtors, LLC
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21879089
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