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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Scottsboro at 686 Lake Blvd, Scottsboro, AL, 35769 offers a 9.9% rental yield on a $398,000 purchase with $3,283/mo rent. Total monthly income registers $3,283/mo, and a $1,948/mo payment leaves $1,037/mo available for distribution. Annual cash flow reaches $12,438/yr on $131,937 to close, and return on cash invested stands at 29.34% in year one. Equity gained on principal adds $2,568/yr while 5% annual appreciation supports $109,960 over five years. Portfolio math shows five-year ROI at 152.69% and total cumulative return in cash at $201,456. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,283/mo property income against a $1,948/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 35769, Scottsboro, AL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,570 (100%) |
| Owner Occupied HU | 3,506 (62.9%) |
| Renter Occupied HU | 1,334 (23.9%) |
| Vacant Housing Units | 730 (13.1%) |
| Median Home Value | $217,774 |
| Average Home Value | $315,491 |
Residential
5,334
Single Family
4,456
Multi-Family
878
Businesses
222
Date | Event | Price |
|---|---|---|
| 2025-08-28 | Listed for sale | $398,000 |
| 2013-11-25 | Sold | $95,000 |
| 2012-12-14 | Sold | $53,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-29 | $908.50 | 21.21% | $25,640 | 19.81% |
| 2023-08-29 | $749.50 | 1.73% | $21,400 | 1.61% |
| 2022-08-29 | $736.75 | 5.25% | $21,060 | 4.88% |
Listed by: Jamie Troup • RE/MAX Today
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21897769
Disclaimer: Properties marked with this icon are provided courtesy of the Valley MLS IDX Database. Some or all of the listings displayed may not belong to the firm whose website is being visited. All information provided is deemed reliable but is not guaranteed and should be independently verified. Copyright 2025 Valley MLS
