636 Moore RdAltoonaAL35952
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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 Altoona at 636 Moore Rd, Altoona, AL, 35952 priced at $120,000 converts $1,069/mo rent into $392/mo cash flow after a $587/mo obligation. Total monthly income equals $1,069/mo, and annual cash flow totals $4,704/yr on $39,780 invested. Return on cash invested prints 31.73% in year one, and rental yield reads 10.69% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 165.51% and total cumulative return in cash sums $65,839. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,069/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1958
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35952, Altoona, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,449 (100%) |
| Owner Occupied HU | 2,375 (68.9%) |
| Renter Occupied HU | 771 (22.4%) |
| Vacant Housing Units | 303 ( 8.8%) |
| Median Home Value | $180,774 |
| Average Home Value | $215,077 |
Housing Distribution
Address Breakdown
Residential
3,173
Single Family
3,148
Multi-Family
25
Businesses
156
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