186 17th St NWFayetteAL35555
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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 Fayette at 186 17th St NW, Fayette, AL, 35555 uses $89,505 cash to close to unlock $5,814/yr annual cash flow and $485/mo monthly cash flow. Total monthly income runs $2,009/mo, and a $1,322/mo payment keeps the spread at $485/mo. Purchase price stands at $270,000, and rental yield measures 8.93% with $2,009/mo rent. Return on cash invested shows 26.4% in year one, and 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 136.97% and total cumulative return in cash records $122,593. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,009/mo property income covering a $1,322/mo payment rather than investor’s personal income.
Single Family
Built in 1960
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35555, Fayette, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,507 (100%) |
| Owner Occupied HU | 2,740 (60.8%) |
| Renter Occupied HU | 1,038 (23.0%) |
| Vacant Housing Units | 729 (16.2%) |
| Median Home Value | $171,483 |
| Average Home Value | $279,089 |
Housing Distribution
Address Breakdown
Residential
4,213
Single Family
4,034
Multi-Family
179
Businesses
446
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