126 Caney Creek DrRainsvilleAL35986
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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
Rental property for sale in Rainsville at 126 Caney Creek Dr, Rainsville, AL, 35986 priced at $899,000 pairs $5,531/mo rent with $457/mo cash flow after a $4,400/mo payment. Total monthly income equals $5,531/mo, and annual cash flow comes to $5,481/yr on $295,771 invested. Return on cash invested is 21.91% in year one, and rental yield stands at 7.38% on a $899,000 basis. Equity gained on principal adds $5,801/yr, and 5% annual appreciation accumulates to $248,377 by year five. Five-year ROI measures 112.83% and total cumulative return in cash reaches $333,730. For financing, Ziffy Mortgage’s DSCR program evaluates $5,531/mo property income against a $4,400/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2001
2.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35986, Rainsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,641 (100%) |
| Owner Occupied HU | 2,573 (70.7%) |
| Renter Occupied HU | 806 (22.1%) |
| Vacant Housing Units | 262 ( 7.2%) |
| Median Home Value | $238,413 |
| Average Home Value | $272,546 |
Housing Distribution
Address Breakdown
Residential
3,473
Single Family
3,393
Multi-Family
80
Businesses
326
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Listed by: Jessi Hairston • Southern Properties Agency Inc
Mls Name: ValleyMLS
Mls ID: #21899200