116 Heritage WayHeadlandAL36345
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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 Headland at 116 Heritage Way, Headland, AL, 36345 uses $146,855 cash to close to unlock $885/yr annual cash flow and $74/mo monthly cash flow. Total monthly income runs $2,574/mo, and a $2,168/mo payment keeps the spread at $74/mo. Purchase price stands at $443,000, and rental yield measures 6.97% with $2,574/mo rent. Return on cash invested shows 20.51% in year one, and 5% annual appreciation builds toward $122,393 over five years. Five-year ROI reaches 105.36% and total cumulative return in cash records $154,720. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,574/mo property income covering a $2,168/mo payment rather than investor’s personal income.
Single Family
Built in 2023
1.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36345, Headland, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,642 (100%) |
| Owner Occupied HU | 2,580 (70.8%) |
| Renter Occupied HU | 762 (20.9%) |
| Vacant Housing Units | 300 ( 8.2%) |
| Median Home Value | $195,139 |
| Average Home Value | $232,949 |
Housing Distribution
Address Breakdown
Residential
3,874
Single Family
3,874
Multi-Family
0
Businesses
262
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