609 Gene Brown RdBoazAL35957
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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
Rental property for sale in Boaz at 609 Gene Brown Rd, Boaz, AL, 35957 generates $1,500/mo in rent and, after a $773/mo payment, leaves $609/mo in cash flow. Total monthly income is $1,500/mo, and annual cash flow is $7,303/yr on $52,344 invested. Return on cash invested sits at 33.86% in year one, and rental yield is 11.4% on a $157,900 entry. Equity gained on principal adds $1,019/yr, while 5% annual appreciation builds toward $43,625 over five years. Five-year ROI reaches 176.96% and total cumulative return in cash sums $92,630. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,500/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35957, Boaz, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,939 (100%) |
| Owner Occupied HU | 4,244 (61.2%) |
| Renter Occupied HU | 2,249 (32.4%) |
| Vacant Housing Units | 446 ( 6.4%) |
| Median Home Value | $164,615 |
| Average Home Value | $229,480 |
Housing Distribution
Address Breakdown
Residential
6,455
Single Family
6,018
Multi-Family
437
Businesses
662
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