701 15th St WJasperAL35501
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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 Jasper at 701 15th St W, Jasper, AL, 35501 uses $42,929 cash to close to unlock $4,354/yr annual cash flow and $363/mo monthly cash flow. Total monthly income runs $1,094/mo, and a $634/mo payment keeps the spread at $363/mo. Purchase price stands at $129,500, and rental yield measures 10.14% with $1,094/mo rent. Return on cash invested shows 30.05% in year one, and 5% annual appreciation builds toward $35,778 over five years. Five-year ROI reaches 156.51% and total cumulative return in cash records $67,190. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,094/mo property income covering a $634/mo payment rather than investor’s personal income.
Single Family
Built in 1938
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35501, Jasper, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,603 (100%) |
| Owner Occupied HU | 2,465 (53.6%) |
| Renter Occupied HU | 1,548 (33.6%) |
| Vacant Housing Units | 590 (12.8%) |
| Median Home Value | $172,115 |
| Average Home Value | $247,089 |
Housing Distribution
Address Breakdown
Residential
4,604
Single Family
4,455
Multi-Family
149
Businesses
952
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