603 Richton AveMuscle ShoalsAL35661
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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 Muscle Shoals at 603 Richton Ave, Muscle Shoals, AL, 35661 earns $1,047/mo cash flow from $1,748/mo rent with a $607/mo payment. Total monthly income totals $1,748/mo, and annual cash flow totals $12,569/yr on $41,139 capital. ROI tracks 50.46% on current figures, and rental yield reads 16.9% at a $124,100 purchase. Equity gained on principal adds $801/yr, and 5% annual appreciation supports $34,287 over five years. Five-year ROI reaches 266.05% and total cumulative return in cash sums $109,450. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,748/mo property income instead of your personal income.
Single Family
Built in 1962
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35661, Muscle Shoals, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,939 (100%) |
| Owner Occupied HU | 5,873 (65.7%) |
| Renter Occupied HU | 2,358 (26.4%) |
| Vacant Housing Units | 708 ( 7.9%) |
| Median Home Value | $204,446 |
| Average Home Value | $252,543 |
Housing Distribution
Address Breakdown
Residential
8,611
Single Family
8,185
Multi-Family
426
Businesses
817
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Listed by: N/A • N/A
Mls Name: EXIT Realty broker feed
Mls ID: #517050