198 County Road 169HigdonAL35979
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThis Higdon rental at 198 County Road 169, Higdon, AL, 35979 sits in the solid-income band: 7.41% gross yield, $3,271/mo rent, $280/mo net after the $2,383/mo debt service, DSCR 1.37. Entry price of $530,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $146,429 and $4,881/yr in principal reduction bring total cumulative return to $217,730.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 8.0% |
| Monthly Cash Flow | $280 | $1,200 |
City averages based on Higdon market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,271 |
| Total Monthly Debt Service | $2,781 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
3.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35979, Higdon, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 590 (100%) |
| Owner Occupied HU | 420 (71.2%) |
| Renter Occupied HU | 100 (16.9%) |
| Vacant Housing Units | 70 (11.9%) |
| Median Home Value | $164,205 |
| Average Home Value | $210,714 |
Housing Distribution
Address Breakdown
Residential
480
Single Family
480
Multi-Family
0
Businesses
49
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2024
3.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35979, Higdon, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 590 (100%) |
| Owner Occupied HU | 420 (71.2%) |
| Renter Occupied HU | 100 (16.9%) |
| Vacant Housing Units | 70 (11.9%) |
| Median Home Value | $164,205 |
| Average Home Value | $210,714 |
Housing Distribution
Address Breakdown
Residential
480
Single Family
480
Multi-Family
0
Businesses
49
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices