69 Harbor Way #13SylacaugaAL35151
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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 Sylacauga at 69 Harbor Way #13, Sylacauga, AL, 35151 offers $2,625/mo rent that, after a $2,031/mo payment, leaves $33/mo cash flow. Total monthly income is $2,625/mo, and annual cash flow is $393/yr on $137,573 cash. Return on cash invested measures 20.19% in year one, and rental yield stands at 7.59% at a $415,000 entry. Equity gained on principal adds $2,678/yr while 5% annual appreciation compounds into $114,657 by year five. Five-year ROI records 104.44% and total cumulative return in cash reaches $143,685. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,625/mo property income versus a $2,031/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2022
N/A lot
$N/A/sqft
$3,000 annually 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
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Listed by: Stephanie Millard • eXp Realty, LLC Central
Mls Name: GALMLS
Mls Provider:
Mls ID: #21407505
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.