151 County Road 677Fort PayneAL35968
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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
Investment property for sale in Fort Payne at 151 County Road 677, Fort Payne, AL, 35968 offers a 0% rental yield on a $329,000 purchase with $0/mo rent. 52% in year one. Equity gained on principal adds $2,123/yr while 5% annual appreciation supports $90,897 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,610/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
1 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
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Listed by: Pamela Wilks • South Towne Realtors, LLC
Mls Name: ValleyMLS
Mls ID: #21899582