904 S Broad StAlbertvilleAL35950
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
Rental property for sale in Albertville at 904 S Broad St, Albertville, AL, 35950 offers $1,027/mo rent that, after a $660/mo payment, leaves $217/mo cash flow. Total monthly income is $1,027/mo, and annual cash flow is $2,599/yr on $44,719 cash. Return on cash invested measures 25.72% in year one, and rental yield stands at 9.14% at a $134,900 entry. Equity gained on principal adds $870/yr while 5% annual appreciation compounds into $37,270 by year five. Five-year ROI records 133.83% and total cumulative return in cash reaches $59,849. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,027/mo property income versus a $660/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35950, Albertville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,508 (100%) |
| Owner Occupied HU | 5,109 (60.0%) |
| Renter Occupied HU | 2,948 (34.6%) |
| Vacant Housing Units | 451 ( 5.3%) |
| Median Home Value | $160,244 |
| Average Home Value | $196,905 |
Housing Distribution
Address Breakdown
Residential
8,069
Single Family
7,612
Multi-Family
457
Businesses
1,013
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Listed by: Wesley Cooper • Cooper Realty LLC
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21889135
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