929 Cave Spring RdDecaturAL35603
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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 Decatur at 929 Cave Spring Rd, Decatur, AL, 35603 earns from $1,748/mo rent with a $2,912/mo payment. Total monthly income totals $1,748/mo. ROI tracks 10.19% on current figures, and rental yield reads 3.53% at a $595,000 purchase. Equity gained on principal adds $3,839/yr, and 5% annual appreciation supports $164,388 over five years. Five-year ROI reaches 49.97% and total cumulative return in cash sums $97,814. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,748/mo property income instead of your personal income.
Single Family
Built in 1992
6.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35603, Decatur, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,772 (100%) |
| Owner Occupied HU | 9,786 (66.2%) |
| Renter Occupied HU | 4,228 (28.6%) |
| Vacant Housing Units | 758 ( 5.1%) |
| Median Home Value | $258,997 |
| Average Home Value | $295,900 |
Housing Distribution
Address Breakdown
Residential
14,489
Single Family
13,004
Multi-Family
1,485
Businesses
624
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