651 Floyd DrBoazAL35957
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Boaz at 651 Floyd Dr, Boaz, AL, 35957 at $189,000 posts ROI 26.35% with $336/mo cash flow from $1,427/mo rent. Total monthly income equals $1,427/mo, and annual cash flow records $4,034/yr on $62,654 to close. Return on cash invested measures 26.35% and rental yield reads 9.06% at the current $189,000. Equity gained on principal adds $1,220/yr, and 5% annual appreciation supports $52,217 by year five. Five-year ROI prints 136.9% and total cumulative return in cash totals $85,774.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,427/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35957, Boaz, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,939 (100%) |
| Owner Occupied HU | 4,244 (61.2%) |
| Renter Occupied HU | 2,249 (32.4%) |
| Vacant Housing Units | 446 ( 6.4%) |
| Median Home Value | $164,615 |
| Average Home Value | $229,480 |
Housing Distribution
Address Breakdown
Residential
6,455
Single Family
6,018
Multi-Family
437
Businesses
662
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Arif Cruz • South Towne Realtors, LLC
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21886693
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