6917 10th AveAltoonaAL35952
Nearby investment properties with comparable rents
- 3 Bed
- 1 Bath
- 1321 sft
- 3 Bed
- 1 Bath
- 1392 sft
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 Altoona at 6917 10th Ave, Altoona, AL, 35952 generates $923/mo in rent and, after a $585/mo payment, leaves $248/mo in cash flow. Total monthly income is $923/mo, and annual cash flow is $2,981/yr on $39,614 invested. Return on cash invested sits at 27.43% in year one, and rental yield is 9.27% on a $119,500 entry. Equity gained on principal adds $771/yr, while 5% annual appreciation builds toward $33,016 over five years. Five-year ROI reaches 142.54% and total cumulative return in cash sums $56,466. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $923/mo property income rather than buyer’s personal income.
Manufactured
Built in 2023
1.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35952, Altoona, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,449 (100%) |
| Owner Occupied HU | 2,375 (68.9%) |
| Renter Occupied HU | 771 (22.4%) |
| Vacant Housing Units | 303 ( 8.8%) |
| Median Home Value | $180,774 |
| Average Home Value | $215,077 |
Housing Distribution
Address Breakdown
Residential
3,173
Single Family
3,148
Multi-Family
25
Businesses
156
Nearby investment properties with comparable rents
- 3 Bed
- 1 Bath
- 1321 sft
- 3 Bed
- 1 Bath
- 1392 sft
Nearby investment properties with comparable prices
Listed by: Michele Jennings • Keller Williams Metro North
Mls Name: GALMLS
Mls Provider:
Mls ID: #21395397
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.