883 7th St NWReformAL35481
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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 Reform at 883 7th St NW, Reform, AL, 35481 earns $372/mo cash flow from $2,031/mo rent with a $1,439/mo payment. Total monthly income totals $2,031/mo, and annual cash flow totals $4,458/yr on $97,461 capital. ROI tracks 24.48% on current figures, and rental yield reads 8.29% at a $294,000 purchase. Equity gained on principal adds $1,897/yr, and 5% annual appreciation supports $81,227 over five years. Five-year ROI reaches 126.68% and total cumulative return in cash sums $123,468. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,031/mo property income instead of your personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35481, Reform, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,566 (100%) |
| Owner Occupied HU | 1,016 (64.9%) |
| Renter Occupied HU | 365 (23.3%) |
| Vacant Housing Units | 185 (11.8%) |
| Median Home Value | $118,852 |
| Average Home Value | $166,078 |
Housing Distribution
Address Breakdown
Residential
1,236
Single Family
1,236
Multi-Family
0
Businesses
99
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Listed by: Melody Davis • Melody & Company Realty
Mls Name: GALMLS
Mls Provider:
Mls ID: #21407754
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.