65334 State Highway 17DetroitAL35552
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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 Detroit at 65334 State Highway 17, Detroit, AL, 35552 generates $1,568/mo in rent and, after a $587/mo payment, leaves $891/mo in cash flow. Total monthly income is $1,568/mo, and annual cash flow is $10,692/yr on $39,780 invested. Return on cash invested sits at 46.79% in year one, and rental yield is 15.68% on a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 246.23% and total cumulative return in cash sums $97,951. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,568/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35552, Detroit, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 459 (100%) |
| Owner Occupied HU | 307 (66.9%) |
| Renter Occupied HU | 78 (17.0%) |
| Vacant Housing Units | 74 (16.1%) |
| Median Home Value | $122,813 |
| Average Home Value | $167,410 |
Housing Distribution
Address Breakdown
Residential
488
Single Family
488
Multi-Family
0
Businesses
20
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