260 County Road 1219FalkvilleAL35622
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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 Falkville at 260 County Road 1219, Falkville, AL, 35622 offers a 4.42% rental yield on a $359,900 purchase with $1,326/mo rent. 81% in year one. Equity gained on principal adds $2,322/yr while 5% annual appreciation supports $99,434 over five years. Portfolio math shows five-year ROI at 64.08% and total cumulative return in cash at $76,454. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,326/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2020
5.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35622, Falkville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,121 (100%) |
| Owner Occupied HU | 2,304 (73.8%) |
| Renter Occupied HU | 558 (17.9%) |
| Vacant Housing Units | 259 ( 8.3%) |
| Median Home Value | $215,035 |
| Average Home Value | $253,415 |
Housing Distribution
Address Breakdown
Residential
2,957
Single Family
2,957
Multi-Family
0
Businesses
115
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