1600 County Road 62GaylesvilleAL35973
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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 Gaylesville at 1600 County Road 62, Gaylesville, AL, 35973 offers a 6.78% rental yield on a $425,000 purchase with $2,400/mo rent. Total monthly income registers $2,400/mo, and a $2,080/mo payment leaves $1/mo available for distribution. Annual cash flow reaches $15/yr on $140,888 to close, and return on cash invested stands at 19.92% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 102.2% and total cumulative return in cash at $143,993. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,400/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35973, Gaylesville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,526 (100%) |
| Owner Occupied HU | 1,028 (67.4%) |
| Renter Occupied HU | 188 (12.3%) |
| Vacant Housing Units | 310 (20.3%) |
| Median Home Value | $166,033 |
| Average Home Value | $210,226 |
Housing Distribution
Address Breakdown
Residential
1,284
Single Family
1,284
Multi-Family
0
Businesses
26
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Listed by: Tonya Lee • eXp Realty LLC
Mls Name: ValleyMLS
Mls ID: #21880295