706 E 1st 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 706 E 1st St, Tuscumbia, AL, 35674 uses $53,040 cash to close to unlock $7,212/yr annual cash flow and $601/mo monthly cash flow. Total monthly income runs $1,504/mo, and a $783/mo payment keeps the spread at $601/mo. Purchase price stands at $160,000, and rental yield measures 11.28% with $1,504/mo rent. Return on cash invested shows 33.51% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 175.05% and total cumulative return in cash records $92,846. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,504/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1940
7,405 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: Cristel Malone • The Robbins Agency
Mls Name: Strategic MLS Alliance
Mls ID: #524603
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.