644 Taft AveAttallaAL35954
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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 Attalla at 644 Taft Ave, Attalla, AL, 35954 uses $34,675 cash to close to unlock $11,408/yr annual cash flow and $951/mo monthly cash flow. Total monthly income runs $1,579/mo, and a $512/mo payment keeps the spread at $951/mo. Purchase price stands at $104,600, and rental yield measures 18.11% with $1,579/mo rent. Return on cash invested shows 52.81% in year one, and 5% annual appreciation builds toward $28,899 over five years. Five-year ROI reaches 279.06% and total cumulative return in cash records $96,764. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,579/mo property income covering a $512/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35954, Attalla, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,535 (100%) |
| Owner Occupied HU | 3,528 (63.7%) |
| Renter Occupied HU | 1,358 (24.5%) |
| Vacant Housing Units | 649 (11.7%) |
| Median Home Value | $165,921 |
| Average Home Value | $215,180 |
Housing Distribution
Address Breakdown
Residential
5,183
Single Family
5,057
Multi-Family
126
Businesses
378
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