606 8th Ave SWAttallaAL35954
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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 Attalla at 606 8th Ave SW, Attalla, AL, 35954 listed at $159,900 pairs $1,278/mo rent with a $783/mo payment to leave $375/mo cash flow. Total monthly income runs $1,278/mo, and annual cash flow reaches $4,501/yr on $53,007 cash to close. Return on cash invested measures 28.4% in year one, and rental yield registers 9.59% at a $159,900 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,177 by year five. Five-year ROI tracks 147.77% and total cumulative return in cash totals $78,330. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,278/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35954, Attalla, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,535 (100%) |
| Owner Occupied HU | 3,528 (63.7%) |
| Renter Occupied HU | 1,358 (24.5%) |
| Vacant Housing Units | 649 (11.7%) |
| Median Home Value | $165,921 |
| Average Home Value | $215,180 |
Housing Distribution
Address Breakdown
Residential
5,183
Single Family
5,057
Multi-Family
126
Businesses
378
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