906 Dooley AveAlbertvilleAL35951
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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
Rental property for sale in Albertville at 906 Dooley Ave, Albertville, AL, 35951 priced at $199,900 converts $1,524/mo rent into $383/mo cash flow after a $978/mo obligation. Total monthly income equals $1,524/mo, and annual cash flow totals $4,591/yr on $66,267 invested. Return on cash invested prints 26.84% in year one, and rental yield reads 9.15% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 139.4% and total cumulative return in cash sums $92,377. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,524/mo property income covering a $978/mo payment, not borrower’s personal income.
Single Family
Built in 1980
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35951, Albertville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,653 (100%) |
| Owner Occupied HU | 3,723 (65.9%) |
| Renter Occupied HU | 1,523 (26.9%) |
| Vacant Housing Units | 407 ( 7.2%) |
| Median Home Value | $153,580 |
| Average Home Value | $236,315 |
Housing Distribution
Address Breakdown
Residential
5,671
Single Family
5,532
Multi-Family
139
Businesses
166
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Nearby investment properties with comparable prices
Listed by: Cindy West • Ainsworth Real Estate, LLC
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21863771
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