928 2nd St SEGraysvilleAL35073
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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 Graysville at 928 2nd St SE, Graysville, AL, 35073 generates $1,160/mo in rent and, after a $734/mo payment, leaves $314/mo in cash flow. Total monthly income is $1,160/mo, and annual cash flow is $3,763/yr on $49,692 invested. Return on cash invested sits at 27.48% in year one, and rental yield is 9.29% on a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 142.79% and total cumulative return in cash sums $70,955. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,160/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
1.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35073, Graysville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,174 (100%) |
| Owner Occupied HU | 727 (61.9%) |
| Renter Occupied HU | 285 (24.3%) |
| Vacant Housing Units | 162 (13.8%) |
| Median Home Value | $128,074 |
| Average Home Value | $234,942 |
Housing Distribution
Address Breakdown
Residential
1,109
Single Family
1,109
Multi-Family
0
Businesses
82
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Listed by: Jeff Easter • RE/MAX on Main
Mls Name: GALMLS
Mls ID: #21432286