316 8th St SWFayetteAL35555
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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 Fayette at 316 8th St SW, Fayette, AL, 35555 generates $778/mo in rent and, after a $489/mo payment, leaves $214/mo in cash flow. Total monthly income is $778/mo, and annual cash flow is $2,568/yr on $33,150 invested. Return on cash invested sits at 27.66% in year one, and rental yield is 9.34% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 143.65% and total cumulative return in cash sums $47,620. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $778/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35555, Fayette, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,507 (100%) |
| Owner Occupied HU | 2,740 (60.8%) |
| Renter Occupied HU | 1,038 (23.0%) |
| Vacant Housing Units | 729 (16.2%) |
| Median Home Value | $171,483 |
| Average Home Value | $279,089 |
Housing Distribution
Address Breakdown
Residential
4,213
Single Family
4,034
Multi-Family
179
Businesses
446
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