1512 Skyline Ave EFort PayneAL35967
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 1512 Skyline Ave E, Fort Payne, AL, 35967 offers a 0% rental yield on a $399,000 purchase with $0/mo rent. 52% in year one. Equity gained on principal adds $2,575/yr while 5% annual appreciation supports $110,236 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,953/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
8.50 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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Pam Wheeler • Southern Properties Agency Inc
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21895611
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