710 S Scott StScottsboroAL35768
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Scottsboro at 710 S Scott St, Scottsboro, AL, 35768 priced at $130,000 pairs $1,006/mo rent with $273/mo cash flow after a $636/mo payment. Total monthly income equals $1,006/mo, and annual cash flow comes to $3,270/yr on $43,095 invested. Return on cash invested is 27.5% in year one, and rental yield stands at 9.29% on a $130,000 basis. Equity gained on principal adds $839/yr, and 5% annual appreciation accumulates to $35,917 by year five. Five-year ROI measures 142.85% and total cumulative return in cash reaches $61,563. For financing, Ziffy Mortgage’s DSCR program evaluates $1,006/mo property income against a $636/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35768, Scottsboro, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,190 (100%) |
| Owner Occupied HU | 3,233 (62.3%) |
| Renter Occupied HU | 1,430 (27.6%) |
| Vacant Housing Units | 527 (10.2%) |
| Median Home Value | $142,672 |
| Average Home Value | $189,654 |
Housing Distribution
Address Breakdown
Residential
5,008
Single Family
4,876
Multi-Family
132
Businesses
797
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Listed by: Dustin Shannon • Dalton Wade, Inc.
Mls Name: GAMLS
Mls ID: #10559023