116 County Road 848LoganAL35098
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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 Logan at 116 County Road 848, Logan, AL, 35098 uses $69,615 cash to close to unlock $6,138/yr annual cash flow and $512/mo monthly cash flow. Total monthly income runs $1,697/mo, and a $1,028/mo payment keeps the spread at $512/mo. Purchase price stands at $210,000, and rental yield measures 9.7% with $1,697/mo rent. Return on cash invested shows 28.73% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 149.42% and total cumulative return in cash records $104,020. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,697/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Manufactured
Built in N/A
2.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35098, Logan, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 709 (100%) |
| Owner Occupied HU | 460 (64.9%) |
| Renter Occupied HU | 105 (14.8%) |
| Vacant Housing Units | 144 (20.3%) |
| Median Home Value | $219,643 |
| Average Home Value | $269,408 |
Housing Distribution
Address Breakdown
Residential
676
Single Family
676
Multi-Family
0
Businesses
14
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Nearby investment properties with comparable prices
Listed by: Jennifer Martin • Integrity Real Estate
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21888742
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