23 NW Mitchell DrHenagarAL35978
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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 Henagar at 23 NW Mitchell Dr, Henagar, AL, 35978 offers a 0% rental yield on a $259,900 purchase with $0/mo rent. 52% in year one. Equity gained on principal adds $1,677/yr while 5% annual appreciation supports $71,806 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,272/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35978, Henagar, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,385 (100%) |
| Owner Occupied HU | 1,627 (68.2%) |
| Renter Occupied HU | 472 (19.8%) |
| Vacant Housing Units | 286 (12.0%) |
| Median Home Value | $161,587 |
| Average Home Value | $223,328 |
Housing Distribution
Address Breakdown
Residential
2,369
Single Family
2,369
Multi-Family
0
Businesses
112
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Leslie Sparks • Sparks Realty LLC
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21892872
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