1396 County Road 446Fort PayneAL35968
Nearby investment properties with comparable rents
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
Rental property for sale in Fort Payne at 1396 County Road 446, Fort Payne, AL, 35968 generates $3,102/mo in rent, after a $3,671/mo payment. Total monthly income is $3,102/mo. Return on cash invested sits at 14.56% in year one, and rental yield is 4.96% on a $750,000 entry. Equity gained on principal adds $4,840/yr, while 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 73.4% and total cumulative return in cash sums $181,110. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,102/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
37.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35968, Fort Payne, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,096 (100%) |
| Owner Occupied HU | 1,411 (67.3%) |
| Renter Occupied HU | 471 (22.5%) |
| Vacant Housing Units | 214 (10.2%) |
| Median Home Value | $183,413 |
| Average Home Value | $253,816 |
Housing Distribution
Address Breakdown
Residential
2,154
Single Family
2,122
Multi-Family
32
Businesses
420
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Deana Wigley • White Realty
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21891058
Disclaimer: Properties marked with this icon are provided courtesy of the Valley MLS IDX Database. Some or all of the listings displayed may not belong to the firm whose website is being visited. All information provided is deemed reliable but is not guaranteed and should be independently verified. Copyright 2025 Valley MLS