655 Cove RdSylacaugaAL35151
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Rental property for sale in Sylacauga at 655 Cove Rd, Sylacauga, AL, 35151 generates $0/mo in rent, after a $3,323/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -0.53% in year one, and rental yield is 0% on a $679,000 entry. Equity gained on principal adds $4,381/yr, while 5% annual appreciation builds toward $187,595 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35151, Sylacauga, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,687 (100%) |
| Owner Occupied HU | 2,662 (72.2%) |
| Renter Occupied HU | 474 (12.9%) |
| Vacant Housing Units | 551 (14.9%) |
| Median Home Value | $153,906 |
| Average Home Value | $177,139 |
Housing Distribution
Address Breakdown
Residential
3,399
Single Family
3,399
Multi-Family
0
Businesses
95
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Ashleigh Jones • Front Porch Realty, LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21419887
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.