2484 County Road 147HenagarAL35978
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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 2484 County Road 147, Henagar, AL, 35978 uses $34,907 cash to close to unlock $2,303/yr annual cash flow and $192/mo monthly cash flow. Total monthly income runs $799/mo, and a $515/mo payment keeps the spread at $192/mo. Purchase price stands at $105,300, and rental yield measures 9.11% with $799/mo rent. Return on cash invested shows 26.51% in year one, and 5% annual appreciation builds toward $29,092 over five years. Five-year ROI reaches 137.68% and total cumulative return in cash records $48,060. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $799/mo property income covering a $515/mo payment rather than investor’s personal income.
Single Family
Built in 1983
0.36 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: Mark Caudell • South Towne Realtors, LLC
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21842682
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