31 County Road 970LoganAL35098
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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
Rental property for sale in Logan at 31 County Road 970, Logan, AL, 35098 generates $2,316/mo in rent and, after a $1,672/mo payment, leaves $388/mo in cash flow. Total monthly income is $2,316/mo, and annual cash flow is $4,653/yr on $113,274 invested. Return on cash invested sits at 24.02% in year one, and rental yield is 8.13% on a $341,700 entry. Equity gained on principal adds $2,205/yr, while 5% annual appreciation builds toward $94,405 over five years. Five-year ROI reaches 124.16% and total cumulative return in cash sums $140,640. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,316/mo property income rather than buyer’s personal income.
Single Family
Built in 1945
14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35098, Logan, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 709 (100%) |
| Owner Occupied HU | 460 (64.9%) |
| Renter Occupied HU | 105 (14.8%) |
| Vacant Housing Units | 144 (20.3%) |
| Median Home Value | $219,643 |
| Average Home Value | $269,408 |
Housing Distribution
Address Breakdown
Residential
676
Single Family
676
Multi-Family
0
Businesses
14
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