720 Smith LnTuscumbiaAL35674
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 Tuscumbia at 720 Smith Ln, Tuscumbia, AL, 35674 priced at $127,000 converts $1,380/mo rent into $663/mo cash flow after a $622/mo obligation. Total monthly income equals $1,380/mo, and annual cash flow totals $7,953/yr on $42,101 invested. Return on cash invested prints 38.8% in year one, and rental yield reads 13.04% against a $127,000 entry. Equity gained on principal adds $820/yr, while 5% annual appreciation compiles into $35,088 by year five. Five-year ROI reaches 203.45% and total cumulative return in cash sums $85,653. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,380/mo property income covering a $622/mo payment, not borrower’s personal income.
Single Family
Built in 1952
0.93 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lydia Grissom • Modern Market Real Estate
Mls Name: Strategic MLS Alliance
Mls ID: #522940
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.