Us Highway 278AltoonaAL35952
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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 Altoona at Us Highway 278, Altoona, AL, 35952 with 5% annual appreciation on a $183,660 basis while $1,062/mo rent supports operations. Total monthly income totals $1,062/mo and a $899/mo payment preserves $23/mo for cash returns. Annual cash flow comes to $275/yr on $60,883 deployed, and return on cash invested reaches 20.36% in year one. Equity gained on principal adds $1,185/yr, and five-year appreciation sums $50,742 alongside rental yield of 6.94%. Five-year ROI measures 104.56% and total cumulative return in cash totals $63,662.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,062/mo property income versus a $899/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1910
3.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35952, Altoona, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,449 (100%) |
| Owner Occupied HU | 2,375 (68.9%) |
| Renter Occupied HU | 771 (22.4%) |
| Vacant Housing Units | 303 ( 8.8%) |
| Median Home Value | $180,774 |
| Average Home Value | $215,077 |
Housing Distribution
Address Breakdown
Residential
3,173
Single Family
3,148
Multi-Family
25
Businesses
156
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