7345 7th Ave, Altoona, AL, 35952 | 6.52% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,189/mo, and a $1,072/mo payment. Purchase price stands at $219,000, and rental yield measures 6.52% with $1,189/mo rent. Return on cash invested shows 19.13% in year one, and 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 97.95% and total cumulative return in cash records $71,109. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,189/mo property income covering a $1,072/mo payment rather than investor’s personal income.

Single Family

Built in 1963

3.20 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 35952, Altoona, AL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,449 (100%)
Owner Occupied HU	2,375 (68.9%)
Renter Occupied HU	771 (22.4%)
Vacant Housing Units	303 ( 8.8%)
Median Home Value	$180,774
Average Home Value	$215,077