1630 County Road 681Flat RockAL35966
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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 Flat Rock at 1630 County Road 681, Flat Rock, AL, 35966 offers a 0% rental yield on a $148,000 purchase with $0/mo rent. 51% in year one. Equity gained on principal adds $955/yr while 5% annual appreciation supports $40,890 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $724/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2020
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35966, Flat Rock, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,649 (100%) |
| Owner Occupied HU | 1,240 (75.2%) |
| Renter Occupied HU | 265 (16.1%) |
| Vacant Housing Units | 144 ( 8.7%) |
| Median Home Value | $147,692 |
| Average Home Value | $190,710 |
Housing Distribution
Address Breakdown
Residential
1,659
Single Family
1,635
Multi-Family
24
Businesses
62
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No similar rental properties found nearby.
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Listed by: Frannie Poskochil • Down Home Real Estate
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21890014
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