701 Dallas AveSelmaAL36701
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
Investment property for sale in Selma at 701 Dallas Ave, Selma, AL, 36701 with 5% annual appreciation on a $144,000 basis while $925/mo rent supports operations. Total monthly income totals $925/mo and a $705/mo payment preserves $112/mo for cash returns. Annual cash flow comes to $1,344/yr on $47,736 deployed, and return on cash invested reaches 22.72% in year one. Equity gained on principal adds $929/yr, and five-year appreciation sums $39,785 alongside rental yield of 7.71%. Five-year ROI measures 117.21% and total cumulative return in cash totals $55,950.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $925/mo property income versus a $705/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36701, Selma, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,227 (100%) |
| Owner Occupied HU | 5,463 (53.4%) |
| Renter Occupied HU | 3,399 (33.2%) |
| Vacant Housing Units | 1,365 (13.3%) |
| Median Home Value | $114,721 |
| Average Home Value | $152,100 |
Housing Distribution
Address Breakdown
Residential
9,214
Single Family
8,267
Multi-Family
947
Businesses
715
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices