Widgeon DrScottsboroAL35769
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Scottsboro at Widgeon Dr, Scottsboro, AL, 35769 priced at $109,700 pairs $2,198/mo rent with $1,571/mo cash flow after a $537/mo payment. Total monthly income equals $2,198/mo, and annual cash flow comes to $18,851/yr on $36,366 invested. Return on cash invested is 71.75% in year one, and rental yield stands at 24.04% on a $109,700 basis. Equity gained on principal adds $708/yr, and 5% annual appreciation accumulates to $30,308 by year five. Five-year ROI measures 380.21% and total cumulative return in cash reaches $138,265. For financing, Ziffy Mortgage’s DSCR program evaluates $2,198/mo property income against a $537/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1976
1,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35769, Scottsboro, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,570 (100%) |
| Owner Occupied HU | 3,506 (62.9%) |
| Renter Occupied HU | 1,334 (23.9%) |
| Vacant Housing Units | 730 (13.1%) |
| Median Home Value | $217,774 |
| Average Home Value | $315,491 |
Housing Distribution
Address Breakdown
Residential
5,334
Single Family
4,456
Multi-Family
878
Businesses
222
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Nearby investment properties with comparable prices
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