3230 County Road 22CentreAL35960
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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 Centre at 3230 County Road 22, Centre, AL, 35960 uses $67,825 cash to close to unlock $5,875/yr annual cash flow and $490/mo monthly cash flow. Total monthly income runs $1,644/mo, and a $1,001/mo payment keeps the spread at $490/mo. Purchase price stands at $204,600, and rental yield measures 9.64% with $1,644/mo rent. Return on cash invested shows 28.57% in year one, and 5% annual appreciation builds toward $56,527 over five years. Five-year ROI reaches 148.62% and total cumulative return in cash records $100,800. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,644/mo property income covering a $1,001/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35960, Centre, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,915 (100%) |
| Owner Occupied HU | 3,169 (53.6%) |
| Renter Occupied HU | 935 (15.8%) |
| Vacant Housing Units | 1,811 (30.6%) |
| Median Home Value | $248,768 |
| Average Home Value | $313,077 |
Housing Distribution
Address Breakdown
Residential
4,738
Single Family
4,590
Multi-Family
148
Businesses
496
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