300 Forest Ave SWFort payneAL35967
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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 Fort payne at 300 Forest Ave SW, Fort payne, AL, 35967 listed at $349,000 pairs $2,026/mo rent with a $1,708/mo payment to leave $56/mo cash flow. Total monthly income runs $2,026/mo, and annual cash flow reaches $675/yr on $115,694 cash to close. Return on cash invested measures 20.49% in year one, and rental yield registers 6.97% at a $349,000 basis. Equity gained on principal adds $2,252/yr, and annual property appreciation at 5% supports $96,422 by year five. Five-year ROI tracks 105.28% and total cumulative return in cash totals $121,800. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,026/mo property income relative to a $1,708/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35967, Fort Payne, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,393 (100%) |
| Owner Occupied HU | 4,651 (62.9%) |
| Renter Occupied HU | 1,953 (26.4%) |
| Vacant Housing Units | 789 (10.7%) |
| Median Home Value | $178,225 |
| Average Home Value | $236,695 |
Housing Distribution
Address Breakdown
Residential
6,925
Single Family
6,691
Multi-Family
234
Businesses
701
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Listed by: Anita Cooper • Southern Properties Agency Inc
Mls Name: ValleyMLS
Mls ID: #21894273