176 Kingwood DrHeflinAL36264
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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
Rental property for sale in Heflin at 176 Kingwood Dr, Heflin, AL, 36264 priced at $269,000 converts $2,310/mo rent into $791/mo cash flow after a $1,317/mo obligation. Total monthly income equals $2,310/mo, and annual cash flow totals $9,495/yr on $89,174 invested. Return on cash invested prints 30.56% in year one, and rental yield reads 10.3% against a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation compiles into $74,320 by year five. Five-year ROI reaches 159.28% and total cumulative return in cash sums $142,031. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,310/mo property income covering a $1,317/mo payment, not borrower’s personal income.
Single Family
Built in 1980
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36264, Heflin, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,092 (100%) |
| Owner Occupied HU | 2,670 (65.2%) |
| Renter Occupied HU | 923 (22.6%) |
| Vacant Housing Units | 499 (12.2%) |
| Median Home Value | $190,355 |
| Average Home Value | $212,994 |
Housing Distribution
Address Breakdown
Residential
3,845
Single Family
3,845
Multi-Family
0
Businesses
325
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Listed by: Dana Barnwell • SmallTown Real Estate, LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21402233
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.