208 Forrest StHeadlandAL36345
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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 Headland at 208 Forrest St, Headland, AL, 36345 with 5% annual appreciation on a $224,900 basis while $1,416/mo rent supports operations. Total monthly income totals $1,416/mo and a $1,101/mo payment preserves $146/mo for cash returns. Annual cash flow comes to $1,756/yr on $74,554 deployed, and return on cash invested reaches 22.26% in year one. Equity gained on principal adds $1,451/yr, and five-year appreciation sums $62,136 alongside rental yield of 7.56%. Five-year ROI measures 114.81% and total cumulative return in cash totals $85,597.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,416/mo property income versus a $1,101/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1935
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36345, Headland, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,642 (100%) |
| Owner Occupied HU | 2,580 (70.8%) |
| Renter Occupied HU | 762 (20.9%) |
| Vacant Housing Units | 300 ( 8.2%) |
| Median Home Value | $195,139 |
| Average Home Value | $232,949 |
Housing Distribution
Address Breakdown
Residential
3,874
Single Family
3,874
Multi-Family
0
Businesses
262
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Listed by: Kelly Woodham • Forrest & Fields, Inc.
Mls Name: SAMLS
Mls ID: #202872
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.