98 Market StCentrevilleAL35042
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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 Centreville at 98 Market St, Centreville, AL, 35042 uses $62,952 cash to close to unlock $5,143/yr annual cash flow and $429/mo monthly cash flow. Total monthly income runs $1,500/mo, and a $929/mo payment keeps the spread at $429/mo. Purchase price stands at $189,900, and rental yield measures 9.48% with $1,500/mo rent. Return on cash invested shows 28.08% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 145.95% and total cumulative return in cash records $91,877. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,500/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in 1930
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35042, Centreville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,618 (100%) |
| Owner Occupied HU | 1,547 (59.1%) |
| Renter Occupied HU | 707 (27.0%) |
| Vacant Housing Units | 364 (13.9%) |
| Median Home Value | $161,572 |
| Average Home Value | $182,723 |
Housing Distribution
Address Breakdown
Residential
2,545
Single Family
2,545
Multi-Family
0
Businesses
240
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Listed by: Iva Claire • Claire Realty
Mls Name: GALMLS
Mls Provider:
Mls ID: #21417741
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.