616 E Main StAlbertvilleAL35950
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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 616 E Main St, Albertville, AL, 35950 listed at $374,500 pairs $2,724/mo rent with a $1,833/mo payment to leave $610/mo cash flow. Total monthly income runs $2,724/mo, and annual cash flow reaches $7,322/yr on $124,147 cash to close. Return on cash invested measures 25.81% in year one, and rental yield registers 8.73% at a $374,500 basis. Equity gained on principal adds $2,417/yr, and annual property appreciation at 5% supports $103,467 by year five. Five-year ROI tracks 133.78% and total cumulative return in cash totals $166,082. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,724/mo property income relative to a $1,833/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1957
0.90 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: Amy Poole • Ainsworth Real Estate, LLC
Mls Name: ValleyMLS
Mls ID: #21892330