Val Monte Dr UNIT 7038GuntersvilleAL35976
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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 Guntersville at Val Monte Dr UNIT 7038, Guntersville, AL, 35976 priced at $615,000 converts $1,890/mo rent into after a $3,010/mo obligation. Total monthly income equals $1,890/mo. Return on cash invested prints 8.03% in year one, and rental yield reads 3.69% against a $615,000 entry. Equity gained on principal adds $3,969/yr, while 5% annual appreciation compiles into $169,913 by year five. Five-year ROI reaches 39.32% and total cumulative return in cash sums $79,565. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,890/mo property income covering a $3,010/mo payment, not borrower’s personal income.
Condo
Built in 2000
N/A lot
$N/A/sqft
$448 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35976, Guntersville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,901 (100%) |
| Owner Occupied HU | 5,692 (63.9%) |
| Renter Occupied HU | 2,042 (22.9%) |
| Vacant Housing Units | 1,167 (13.1%) |
| Median Home Value | $309,624 |
| Average Home Value | $355,881 |
Housing Distribution
Address Breakdown
Residential
8,133
Single Family
7,824
Multi-Family
309
Businesses
939
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Listed by: Jeri Franks • Leading Edge RE Group-Gtsv.
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21886889
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