291 County Road 507RainsvilleAL35986
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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 Rainsville at 291 County Road 507, Rainsville, AL, 35986 offers a 9.45% rental yield on a $139,999 purchase with $1,102/mo rent. Total monthly income registers $1,102/mo, and a $685/mo payment leaves $312/mo available for distribution. Annual cash flow reaches $3,744/yr on $46,410 to close, and return on cash invested stands at 27.98% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,679 over five years. Portfolio math shows five-year ROI at 145.39% and total cumulative return in cash at $67,474. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,102/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2011
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35986, Rainsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,641 (100%) |
| Owner Occupied HU | 2,573 (70.7%) |
| Renter Occupied HU | 806 (22.1%) |
| Vacant Housing Units | 262 ( 7.2%) |
| Median Home Value | $238,413 |
| Average Home Value | $272,546 |
Housing Distribution
Address Breakdown
Residential
3,473
Single Family
3,393
Multi-Family
80
Businesses
326
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Listed by: Ashley Moody • Real Broker LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21422177
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.