806 6th St NEArabAL35016
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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 Arab at 806 6th St NE, Arab, AL, 35016 earns $390/mo cash flow from $1,913/mo rent with a $1,321/mo payment. Total monthly income totals $1,913/mo, and annual cash flow totals $4,675/yr on $89,472 capital. ROI tracks 25.13% on current figures, and rental yield reads 8.51% at a $269,900 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,568 over five years. Five-year ROI reaches 130.16% and total cumulative return in cash sums $116,454. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,913/mo property income instead of your personal income.
Single Family
Built in N/A
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35016, Arab, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,914 (100%) |
| Owner Occupied HU | 5,520 (69.7%) |
| Renter Occupied HU | 1,893 (23.9%) |
| Vacant Housing Units | 501 ( 6.3%) |
| Median Home Value | $222,561 |
| Average Home Value | $269,948 |
Housing Distribution
Address Breakdown
Residential
7,656
Single Family
7,333
Multi-Family
323
Businesses
643
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