211 County Road 596Fort PayneAL35968
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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 Fort Payne at 211 County Road 596, Fort Payne, AL, 35968 earns $733/mo cash flow from $1,850/mo rent with a $969/mo payment. Total monthly income totals $1,850/mo, and annual cash flow totals $8,790/yr on $65,637 capital. ROI tracks 33.3% on current figures, and rental yield reads 11.21% at a $198,000 purchase. Equity gained on principal adds $1,278/yr, and 5% annual appreciation supports $54,704 over five years. Five-year ROI reaches 173.98% and total cumulative return in cash sums $114,196. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,850/mo property income instead of your personal income.
Single Family
Built in 1989
4.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35968, Fort Payne, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,096 (100%) |
| Owner Occupied HU | 1,411 (67.3%) |
| Renter Occupied HU | 471 (22.5%) |
| Vacant Housing Units | 214 (10.2%) |
| Median Home Value | $183,413 |
| Average Home Value | $253,816 |
Housing Distribution
Address Breakdown
Residential
2,154
Single Family
2,122
Multi-Family
32
Businesses
420
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Listed by: Pamela Hancock • Southern Properties Agency Inc
Mls Name: ValleyMLS
Mls ID: #21899159