201 Milligan RdFalkvilleAL35622
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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 Falkville at 201 Milligan Rd, Falkville, AL, 35622 listed at $429,900 pairs $1,280/mo rent with a $2,104/mo payment. Total monthly income runs $1,280/mo. Return on cash invested measures 10.26% in year one, and rental yield registers 3.57% at a $429,900 basis. Equity gained on principal adds $2,774/yr, and annual property appreciation at 5% supports $118,773 by year five. Five-year ROI tracks 50.37% and total cumulative return in cash totals $71,779. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,280/mo property income relative to a $2,104/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 2000
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35622, Falkville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,121 (100%) |
| Owner Occupied HU | 2,304 (73.8%) |
| Renter Occupied HU | 558 (17.9%) |
| Vacant Housing Units | 259 ( 8.3%) |
| Median Home Value | $215,035 |
| Average Home Value | $253,415 |
Housing Distribution
Address Breakdown
Residential
2,957
Single Family
2,957
Multi-Family
0
Businesses
115
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