705 17th St SPell CityAL35128
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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 Pell City at 705 17th St S, Pell City, AL, 35128 uses $42,764 cash to close to unlock $3,603/yr annual cash flow and $300/mo monthly cash flow. Total monthly income runs $1,028/mo, and a $631/mo payment keeps the spread at $300/mo. Purchase price stands at $129,000, and rental yield measures 9.56% with $1,028/mo rent. Return on cash invested shows 28.33% in year one, and 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 147.41% and total cumulative return in cash records $63,037. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,028/mo property income covering a $631/mo payment rather than investor’s personal income.
Single Family
Built in 1950
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35128, Pell City, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,275 (100%) |
| Owner Occupied HU | 3,881 (73.6%) |
| Renter Occupied HU | 880 (16.7%) |
| Vacant Housing Units | 514 ( 9.7%) |
| Median Home Value | $329,044 |
| Average Home Value | $345,017 |
Housing Distribution
Address Breakdown
Residential
4,830
Single Family
4,830
Multi-Family
0
Businesses
204
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