70 Keem StThorsbyAL35171
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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
Investment property for sale in Thorsby at 70 Keem St, Thorsby, AL, 35171 uses $43,095 cash to close to unlock $8,302/yr annual cash flow and $692/mo monthly cash flow. Total monthly income runs $1,450/mo, and a $636/mo payment keeps the spread at $692/mo. Purchase price stands at $130,000, and rental yield measures 13.38% with $1,450/mo rent. Return on cash invested shows 39.17% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 205.7% and total cumulative return in cash records $88,647. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,450/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in 1975
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35171, Thorsby, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,700 (100%) |
| Owner Occupied HU | 1,316 (77.4%) |
| Renter Occupied HU | 231 (13.6%) |
| Vacant Housing Units | 153 ( 9.0%) |
| Median Home Value | $194,844 |
| Average Home Value | $222,990 |
Housing Distribution
Address Breakdown
Residential
1,333
Single Family
1,333
Multi-Family
0
Businesses
73
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Listed by: Elizabeth Fields • eXp Realty, LLC Central
Mls Name: GALMLS
Mls Provider:
Mls ID: #21397503
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.