9480 Highway 431BoazAL35956
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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 Boaz at 9480 Highway 431, Boaz, AL, 35956 uses $132,567 cash to close to unlock $3,325/yr annual cash flow and $277/mo monthly cash flow. Total monthly income runs $2,534/mo, and a $1,957/mo payment keeps the spread at $277/mo. Purchase price stands at $399,900, and rental yield measures 7.6% with $2,534/mo rent. Return on cash invested shows 22.42% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 115.6% and total cumulative return in cash records $153,248. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,534/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Single Family
Built in 1944
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35956, Boaz, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,764 (100%) |
| Owner Occupied HU | 2,839 (75.4%) |
| Renter Occupied HU | 663 (17.6%) |
| Vacant Housing Units | 262 ( 7.0%) |
| Median Home Value | $224,491 |
| Average Home Value | $258,281 |
Housing Distribution
Address Breakdown
Residential
3,694
Single Family
3,671
Multi-Family
23
Businesses
121
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Listed by: Bailey Mack • Keller Williams-Gadsden
Mls Name: GALMLS
Mls Provider:
Mls ID: #21428712
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.