2421 County Road 151HenagarAL35978
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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
Rental property for sale in Henagar at 2421 County Road 151, Henagar, AL, 35978 generates $1,005/mo in rent and, after a $612/mo payment, leaves $299/mo in cash flow. Total monthly income is $1,005/mo, and annual cash flow is $3,591/yr on $41,438 invested. Return on cash invested sits at 28.58% in year one, and rental yield is 9.65% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 148.69% and total cumulative return in cash sums $61,613. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,005/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
1.50 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
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Listed by: Lora D Poore • Century 21 BELLORA
Mls Name: Greater Chattanooga Realtors
Mls ID: #1511888
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