143 County Road 696, Flat Rock, AL, 35966 | 6.69% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Flat Rock at 143 County Road 696, Flat Rock, AL, 35966 offers a 6.69% rental yield on a $280,000 purchase with $1,561/mo rent. 66% in year one. Equity gained on principal adds $1,807/yr while 5% annual appreciation supports $77,359 over five years. Portfolio math shows five-year ROI at 100.8% and total cumulative return in cash at $93,561. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,561/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1992

1 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 35966, Flat Rock, AL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,649 (100%)
Owner Occupied HU	1,240 (75.2%)
Renter Occupied HU	265 (16.1%)
Vacant Housing Units	144 ( 8.7%)
Median Home Value	$147,692
Average Home Value	$190,710