69 Avenue ASumitonAL35148
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
Rental property for sale in Sumiton at 69 Avenue A, Sumiton, AL, 35148 priced at $124,900 pairs $1,003/mo rent with $298/mo cash flow after a $611/mo payment. Total monthly income equals $1,003/mo, and annual cash flow comes to $3,580/yr on $41,404 invested. Return on cash invested is 28.56% in year one, and rental yield stands at 9.64% on a $124,900 basis. Equity gained on principal adds $806/yr, and 5% annual appreciation accumulates to $34,508 by year five. Five-year ROI measures 148.56% and total cumulative return in cash reaches $61,510. For financing, Ziffy Mortgage’s DSCR program evaluates $1,003/mo property income against a $611/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in N/A
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35148, Sumiton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,143 (100%) |
| Owner Occupied HU | 734 (64.2%) |
| Renter Occupied HU | 286 (25.0%) |
| Vacant Housing Units | 123 (10.8%) |
| Median Home Value | $156,507 |
| Average Home Value | $177,371 |
Housing Distribution
Address Breakdown
Residential
1,077
Single Family
1,077
Multi-Family
0
Businesses
180
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Listed by: Francine Lea Swarts • RealtySouth The Harbin Company
Mls Name: Walker County Area MLS
Mls ID: #24-2386
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. Copyright 2025 Walker County Area MLS, All rights reserved.