612 2nd St NEArabAL35016
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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 Arab at 612 2nd St NE, Arab, AL, 35016 priced at $220,000 pairs $1,926/mo rent with $684/mo cash flow after a $1,077/mo payment. Total monthly income equals $1,926/mo, and annual cash flow comes to $8,208/yr on $72,930 invested. Return on cash invested is 31.16% in year one, and rental yield stands at 10.51% on a $220,000 basis. Equity gained on principal adds $1,420/yr, and 5% annual appreciation accumulates to $60,782 by year five. Five-year ROI measures 162.45% and total cumulative return in cash reaches $118,475. For financing, Ziffy Mortgage’s DSCR program evaluates $1,926/mo property income against a $1,077/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35016, Arab, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,914 (100%) |
| Owner Occupied HU | 5,520 (69.7%) |
| Renter Occupied HU | 1,893 (23.9%) |
| Vacant Housing Units | 501 ( 6.3%) |
| Median Home Value | $222,561 |
| Average Home Value | $269,948 |
Housing Distribution
Address Breakdown
Residential
7,656
Single Family
7,333
Multi-Family
323
Businesses
643
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