1421 68th St NWFort PayneAL35967
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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 Fort Payne at 1421 68th St NW, Fort Payne, AL, 35967 earns $96/mo cash flow from $2,522/mo rent with a $2,104/mo payment. Total monthly income totals $2,522/mo, and annual cash flow totals $1,147/yr on $142,512 capital. ROI tracks 20.71% on current figures, and rental yield reads 7.04% at a $429,900 purchase. Equity gained on principal adds $2,774/yr, and 5% annual appreciation supports $118,773 over five years. Five-year ROI reaches 106.45% and total cumulative return in cash sums $151,699. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,522/mo property income instead of your personal income.
Single Family
Built in 1991
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35967, Fort Payne, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,393 (100%) |
| Owner Occupied HU | 4,651 (62.9%) |
| Renter Occupied HU | 1,953 (26.4%) |
| Vacant Housing Units | 789 (10.7%) |
| Median Home Value | $178,225 |
| Average Home Value | $236,695 |
Housing Distribution
Address Breakdown
Residential
6,925
Single Family
6,691
Multi-Family
234
Businesses
701
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Nearby investment properties with comparable prices
Listed by: Angie McCurdy • Southern Properties Agency Inc
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21879651
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