703 N Milton StTuscumbiaAL35674
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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 Tuscumbia at 703 N Milton St, Tuscumbia, AL, 35674 with 5% annual appreciation on a $159,900 basis while $1,229/mo rent supports operations. Total monthly income totals $1,229/mo and a $783/mo payment preserves $326/mo for cash returns. Annual cash flow comes to $3,913/yr on $53,007 deployed, and return on cash invested reaches 27.29% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,177 alongside rental yield of 9.22%. Five-year ROI measures 141.82% and total cumulative return in cash totals $75,174.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,229/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1969
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35674, Tuscumbia, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,386 (100%) |
| Owner Occupied HU | 6,007 (64.0%) |
| Renter Occupied HU | 2,499 (26.6%) |
| Vacant Housing Units | 880 ( 9.4%) |
| Median Home Value | $191,175 |
| Average Home Value | $232,006 |
Housing Distribution
Address Breakdown
Residential
9,169
Single Family
8,412
Multi-Family
757
Businesses
615
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Listed by: Regina Clark • Regina Coates Real Estate, Inc
Mls Name: Strategic MLS Alliance
Mls ID: #521551
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.