1830 County Road 118HeflinAL36264
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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 1830 County Road 118, Heflin, AL, 36264 generates $1,132/mo in rent and, after a $881/mo payment, leaves $116/mo in cash flow. Total monthly income is $1,132/mo, and annual cash flow is $1,392/yr on $59,670 invested. Return on cash invested sits at 22.24% in year one, and rental yield is 7.55% on a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 114.64% and total cumulative return in cash sums $68,405. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,132/mo property income rather than buyer’s personal income.
Manufactured
Built in 1994
2 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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