707 Line St NEDecaturAL35601
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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 Decatur at 707 Line St NE, Decatur, AL, 35601 at $655,000 posts ROI 19.17% with from $3,538/mo rent. Total monthly income equals $3,538/mo. Return on cash invested measures 19.17% and rental yield reads 6.48% at the current $655,000. Equity gained on principal adds $4,227/yr, and 5% annual appreciation supports $180,964 by year five. Five-year ROI prints 98.15% and total cumulative return in cash totals $211,499. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,538/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1925
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35601, Decatur, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,105 (100%) |
| Owner Occupied HU | 7,958 (52.7%) |
| Renter Occupied HU | 6,057 (40.1%) |
| Vacant Housing Units | 1,090 ( 7.2%) |
| Median Home Value | $173,990 |
| Average Home Value | $223,578 |
Housing Distribution
Address Breakdown
Residential
13,960
Single Family
12,999
Multi-Family
961
Businesses
2,056
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