630 Sunset DrIderAL35981
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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 Ider at 630 Sunset Dr, Ider, AL, 35981 listed at $295,000 pairs $0/mo rent with a $1,444/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -0.53% in year one, and rental yield registers 0% at a $295,000 basis. Equity gained on principal adds $1,904/yr, and annual property appreciation at 5% supports $81,503 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $1,444/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1993
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35981, Ider, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 959 (100%) |
| Owner Occupied HU | 698 (72.8%) |
| Renter Occupied HU | 176 (18.4%) |
| Vacant Housing Units | 85 ( 8.9%) |
| Median Home Value | $179,167 |
| Average Home Value | $246,701 |
Housing Distribution
Address Breakdown
Residential
870
Single Family
870
Multi-Family
0
Businesses
67
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No similar rental properties found nearby.
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Listed by: Stephanie Knirk • BHHS Southern Routes Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1515009
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