16 Meadowlark Dr, Falkville, AL, 35622 | Equity Gain $1,355/yr

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

Rental property for sale in Falkville at 16 Meadowlark Dr, Falkville, AL, 35622 priced at $210,000 converts $0/mo rent into after a $1,028/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -0.53% in year one, and rental yield reads 0% against a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation compiles into $58,019 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,028/mo payment, not borrower’s personal income.

Single Family

Built in N/A

0.79 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 35622, Falkville, AL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,121 (100%)
Owner Occupied HU	2,304 (73.8%)
Renter Occupied HU	558 (17.9%)
Vacant Housing Units	259 ( 8.3%)
Median Home Value	$215,035
Average Home Value	$253,415