24850 Highway 84WhatleyAL36482
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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 Whatley at 24850 Highway 84, Whatley, AL, 36482 uses $85,859 cash to close to unlock $105/yr annual cash flow and $9/mo monthly cash flow. Total monthly income runs $1,471/mo, and a $1,268/mo payment keeps the spread at $9/mo. Purchase price stands at $259,000, and rental yield measures 6.82% with $1,471/mo rent. Return on cash invested shows 20.03% in year one, and 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 102.79% and total cumulative return in cash records $88,252. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,471/mo property income covering a $1,268/mo payment rather than investor’s personal income.
Single Family
Built in 1975
7 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36482, Whatley, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 436 (100%) |
| Owner Occupied HU | 263 (60.3%) |
| Renter Occupied HU | 66 (15.1%) |
| Vacant Housing Units | 107 (24.5%) |
| Median Home Value | $139,352 |
| Average Home Value | $240,380 |
Housing Distribution
Address Breakdown
Residential
438
Single Family
438
Multi-Family
0
Businesses
16
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