802 15th AveJasperAL35501
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
Investment property for sale in Jasper at 802 15th Ave, Jasper, AL, 35501 earns $245/mo cash flow from $837/mo rent with a $513/mo payment. Total monthly income totals $837/mo, and annual cash flow totals $2,944/yr on $34,774 capital. ROI tracks 28.37% on current figures, and rental yield reads 9.57% at a $104,900 purchase. Equity gained on principal adds $677/yr, and 5% annual appreciation supports $28,982 over five years. Five-year ROI reaches 147.61% and total cumulative return in cash sums $51,330. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $837/mo property income instead of your personal income.
Single Family
Built in N/A
3.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35501, Jasper, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,603 (100%) |
| Owner Occupied HU | 2,465 (53.6%) |
| Renter Occupied HU | 1,548 (33.6%) |
| Vacant Housing Units | 590 (12.8%) |
| Median Home Value | $172,115 |
| Average Home Value | $247,089 |
Housing Distribution
Address Breakdown
Residential
4,604
Single Family
4,455
Multi-Family
149
Businesses
952
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leigh Evans • Joseph Carter Realty
Mls Name: Walker County Area MLS
Mls ID: #24-1356
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. Copyright 2024 Walker County Area MLS, All rights reserved.