6361 Highway 207AndersonAL35610
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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 Anderson at 6361 Highway 207, Anderson, AL, 35610 generates $1,307/mo in rent and, after a $954/mo payment, leaves $203/mo in cash flow. Total monthly income is $1,307/mo, and annual cash flow is $2,440/yr on $64,643 invested. Return on cash invested sits at 23.68% in year one, and rental yield is 8.04% on a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 122.44% and total cumulative return in cash sums $79,150. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,307/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
3.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35610, Anderson, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 901 (100%) |
| Owner Occupied HU | 640 (71.0%) |
| Renter Occupied HU | 141 (15.6%) |
| Vacant Housing Units | 120 (13.3%) |
| Median Home Value | $247,857 |
| Average Home Value | $290,242 |
Housing Distribution
Address Breakdown
Residential
823
Single Family
823
Multi-Family
0
Businesses
27
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Listed by: Tammy Cull • CRC Realty, Inc.
Mls Name: Strategic MLS Alliance
Mls ID: #521521
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.