9 Cannon AveSylacaugaAL35150
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Sylacauga rentals match the income profile of 9 Cannon Ave, Sylacauga, AL, 35150. Listed at $169,900, gross rent is $1,549/mo and net cash flow is $590/mo, a 10.94% yield well above national averages. DSCR 2.03 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $46,940 by year five with $1,565/yr in annual principal reduction, projecting $102,003 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 6.5% |
| Monthly Cash Flow | $590 | $300 |
City averages based on Sylacauga market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,549 |
| Total Monthly Debt Service | $891 |
| DSCR Ratio | 1.74x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1950
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35150, Sylacauga, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,821 (100%) |
| Owner Occupied HU | 4,731 (53.6%) |
| Renter Occupied HU | 3,046 (34.5%) |
| Vacant Housing Units | 1,044 (11.8%) |
| Median Home Value | $161,330 |
| Average Home Value | $187,470 |
Housing Distribution
Address Breakdown
Residential
7,852
Single Family
7,195
Multi-Family
657
Businesses
808
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
Single Family
Built in 1950
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35150, Sylacauga, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,821 (100%) |
| Owner Occupied HU | 4,731 (53.6%) |
| Renter Occupied HU | 3,046 (34.5%) |
| Vacant Housing Units | 1,044 (11.8%) |
| Median Home Value | $161,330 |
| Average Home Value | $187,470 |
Housing Distribution
Address Breakdown
Residential
7,852
Single Family
7,195
Multi-Family
657
Businesses
808
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeff Slick • Freedom Realty, LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21428790
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.