0 County Highway 13 #1Locust ForkAL35097
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
Investment property for sale in Locust Fork at 0 County Highway 13 #1, Locust Fork, AL, 35097 at $178,900 posts ROI 31.72% with $584/mo cash flow from $1,594/mo rent. Total monthly income equals $1,594/mo, and annual cash flow records $7,006/yr on $59,305 to close. Return on cash invested measures 31.72% and rental yield reads 10.69% at the current $178,900. Equity gained on principal adds $1,154/yr, and 5% annual appreciation supports $49,427 by year five. Five-year ROI prints 165.49% and total cumulative return in cash totals $98,143.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,594/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35097, Locust Fork, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 685 (100%) |
| Owner Occupied HU | 550 (80.3%) |
| Renter Occupied HU | 91 (13.3%) |
| Vacant Housing Units | 44 ( 6.4%) |
| Median Home Value | $179,245 |
| Average Home Value | $196,936 |
Housing Distribution
Address Breakdown
Residential
676
Single Family
676
Multi-Family
0
Businesses
57
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: RealtySouth
Mls Provider:
Mls ID: #21391309