LOT 32 Moneys Bend RdCedar BluffAL35959
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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 Cedar Bluff at LOT 32 Moneys Bend Rd, Cedar Bluff, AL, 35959 uses $38,421 cash to close to unlock $3,229/yr annual cash flow and $269/mo monthly cash flow. Total monthly income runs $923/mo, and a $567/mo payment keeps the spread at $269/mo. Purchase price stands at $115,900, and rental yield measures 9.56% with $923/mo rent. Return on cash invested shows 28.31% in year one, and 5% annual appreciation builds toward $32,021 over five years. Five-year ROI reaches 147.31% and total cumulative return in cash records $56,596. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $923/mo property income covering a $567/mo payment rather than investor’s personal income.
Manufactured
Built in 2020
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35959, Cedar Bluff, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,132 (100%) |
| Owner Occupied HU | 1,581 (50.5%) |
| Renter Occupied HU | 472 (15.1%) |
| Vacant Housing Units | 1,079 (34.5%) |
| Median Home Value | $218,083 |
| Average Home Value | $256,347 |
Housing Distribution
Address Breakdown
Residential
2,466
Single Family
2,466
Multi-Family
0
Businesses
90
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Listed by: Ann Bowman • Realty Executives Terra Firma
Mls Name: Greater Chattanooga Realtors
Mls ID: #1393178
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Zillow, Inc. does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. Some or all of the listings displayed may not belong to the firm whose website is being visited Copyright 2024 by Chattanooga Association of REALTORS