311 Woodfern DrKillenAL35645
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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 Killen at 311 Woodfern Dr, Killen, AL, 35645 offers $3,308/mo rent that, after a $2,202/mo payment, leaves $769/mo cash flow. Total monthly income is $3,308/mo, and annual cash flow is $9,223/yr on $149,142 cash. Return on cash invested measures 26.09% in year one, and rental yield stands at 8.82% at a $449,900 entry. Equity gained on principal adds $2,903/yr while 5% annual appreciation compounds into $124,299 by year five. Five-year ROI records 135.3% and total cumulative return in cash reaches $201,790. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,308/mo property income versus a $2,202/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35645, Killen, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,102 (100%) |
| Owner Occupied HU | 4,615 (75.6%) |
| Renter Occupied HU | 943 (15.5%) |
| Vacant Housing Units | 544 ( 8.9%) |
| Median Home Value | $274,541 |
| Average Home Value | $326,071 |
Housing Distribution
Address Breakdown
Residential
6,017
Single Family
6,017
Multi-Family
0
Businesses
289
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Listed by: Tracy L Nunley • RE/MAX Infinity
Mls Name: Strategic MLS Alliance
Mls ID: #522265
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.