707 Spring St STalladegaAL35160
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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 Talladega at 707 Spring St S, Talladega, AL, 35160 uses $56,322 cash to close to unlock $3,703/yr annual cash flow and $309/mo monthly cash flow. Total monthly income runs $1,268/mo, and a $832/mo payment keeps the spread at $309/mo. Purchase price stands at $169,900, and rental yield measures 8.96% with $1,268/mo rent. Return on cash invested shows 26.48% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 137.41% and total cumulative return in cash records $77,390. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,268/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35160, Talladega, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,627 (100%) |
| Owner Occupied HU | 7,296 (57.8%) |
| Renter Occupied HU | 3,436 (27.2%) |
| Vacant Housing Units | 1,895 (15.0%) |
| Median Home Value | $160,200 |
| Average Home Value | $225,173 |
Housing Distribution
Address Breakdown
Residential
11,112
Single Family
10,753
Multi-Family
359
Businesses
621
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