987 6th St SSylvaniaAL35988
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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 Sylvania at 987 6th St S, Sylvania, AL, 35988 generates $2,078/mo in rent and, after a $1,419/mo payment, leaves $442/mo in cash flow. Total monthly income is $2,078/mo, and annual cash flow is $5,299/yr on $96,102 invested. Return on cash invested sits at 25.42% in year one, and rental yield is 8.6% on a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 131.72% and total cumulative return in cash sums $126,585. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,078/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
2.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35988, Sylvania, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 815 (100%) |
| Owner Occupied HU | 577 (70.8%) |
| Renter Occupied HU | 160 (19.6%) |
| Vacant Housing Units | 78 ( 9.6%) |
| Median Home Value | $167,917 |
| Average Home Value | $209,818 |
Housing Distribution
Address Breakdown
Residential
755
Single Family
755
Multi-Family
0
Businesses
30
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Nearby investment properties with comparable prices
Listed by: Mya Biddle • Alabama Living Real Estate
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21883277
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