0 Oaks Chapel RdGoodwaterAL35072
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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 Goodwater at 0 Oaks Chapel Rd, Goodwater, AL, 35072 offers a 0% rental yield on a $289,000 purchase with $0/mo rent. 53% in year one. Equity gained on principal adds $1,865/yr while 5% annual appreciation supports $79,845 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,415/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35072, Goodwater, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,346 (100%) |
| Owner Occupied HU | 1,458 (62.1%) |
| Renter Occupied HU | 501 (21.4%) |
| Vacant Housing Units | 387 (16.5%) |
| Median Home Value | $116,908 |
| Average Home Value | $180,019 |
Housing Distribution
Address Breakdown
Residential
1,738
Single Family
1,738
Multi-Family
0
Businesses
69
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Listed by: NOLEN SMITH • TRUESOUTH PROPERTIES
Mls Name: LCMLS
Mls ID: #173972
Disclaimer: The data relating to real estate for sale on this web-site comes in part from the Internet Data Exchange Program of Lee County Association of REALTORS. Information is deemed reliable but is not guaranteed.