338 19th St NWFayetteAL35555
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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 338 19th St NW, Fayette, AL, 35555 generates $1,441/mo in rent and, after a $932/mo payment, leaves $366/mo in cash flow. Total monthly income is $1,441/mo, and annual cash flow is $4,393/yr on $63,151 invested. Return on cash invested sits at 26.87% in year one, and rental yield is 9.08% on a $190,500 entry. Equity gained on principal adds $1,229/yr, while 5% annual appreciation builds toward $52,632 over five years. Five-year ROI reaches 139.52% and total cumulative return in cash sums $88,105. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,441/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
1.95 Acres 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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Listed by: Ned Nichols • THE PRATER COMPANY
Mls Name: WAMLS
Mls Provider:
Mls ID: #168324
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.