846 Scott Ave NRainsvilleAL35986
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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 Rainsville at 846 Scott Ave N, Rainsville, AL, 35986 with 5% annual appreciation on a $240,000 basis while $1,624/mo rent supports operations. Total monthly income totals $1,624/mo and a $1,175/mo payment preserves $269/mo for cash returns. Annual cash flow comes to $3,228/yr on $79,560 deployed, and return on cash invested reaches 23.97% in year one. Equity gained on principal adds $1,549/yr, and five-year appreciation sums $66,308 alongside rental yield of 8.12%. Five-year ROI measures 123.89% and total cumulative return in cash totals $98,570.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,624/mo property income versus a $1,175/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35986, Rainsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,641 (100%) |
| Owner Occupied HU | 2,573 (70.7%) |
| Renter Occupied HU | 806 (22.1%) |
| Vacant Housing Units | 262 ( 7.2%) |
| Median Home Value | $238,413 |
| Average Home Value | $272,546 |
Housing Distribution
Address Breakdown
Residential
3,473
Single Family
3,393
Multi-Family
80
Businesses
326
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Listed by: Flavia Parker • Alabama Lake Homes
Mls Name: ValleyMLS
Mls ID: #21894765