1622 County Road 564HenagarAL35978
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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 Henagar at 1622 County Road 564, Henagar, AL, 35978 uses $62,952 cash to close to unlock $7,603/yr annual cash flow and $634/mo monthly cash flow. Total monthly income runs $1,705/mo, and a $929/mo payment keeps the spread at $634/mo. Purchase price stands at $189,900, and rental yield measures 10.77% with $1,705/mo rent. Return on cash invested shows 31.99% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 166.92% and total cumulative return in cash records $105,077. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,705/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35978, Henagar, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,385 (100%) |
| Owner Occupied HU | 1,627 (68.2%) |
| Renter Occupied HU | 472 (19.8%) |
| Vacant Housing Units | 286 (12.0%) |
| Median Home Value | $161,587 |
| Average Home Value | $223,328 |
Housing Distribution
Address Breakdown
Residential
2,369
Single Family
2,369
Multi-Family
0
Businesses
112
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