135 County Road 40CentreAL35960
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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 Centre at 135 County Road 40, Centre, AL, 35960 offers a 8.62% rental yield on a $129,700 purchase with $932/mo rent. Total monthly income registers $932/mo, and a $635/mo payment leaves $200/mo available for distribution. Annual cash flow reaches $2,397/yr on $42,996 to close, and return on cash invested stands at 25.48% in year one. Equity gained on principal adds $837/yr while 5% annual appreciation supports $35,834 over five years. Portfolio math shows five-year ROI at 132.02% and total cumulative return in cash at $56,765. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $932/mo property income against a $635/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35960, Centre, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,915 (100%) |
| Owner Occupied HU | 3,169 (53.6%) |
| Renter Occupied HU | 935 (15.8%) |
| Vacant Housing Units | 1,811 (30.6%) |
| Median Home Value | $248,768 |
| Average Home Value | $313,077 |
Housing Distribution
Address Breakdown
Residential
4,738
Single Family
4,590
Multi-Family
148
Businesses
496
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