338 County Road 657RainsvilleAL35986
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Nearby investment properties with comparable prices
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 Rainsville at 338 County Road 657, Rainsville, AL, 35986 offers a 4.22% rental yield on a $499,000 purchase with $1,754/mo rent. 2% in year one. Equity gained on principal adds $3,220/yr while 5% annual appreciation supports $137,865 over five years. Portfolio math shows five-year ROI at 60.8% and total cumulative return in cash at $100,578. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,754/mo property income against a $2,442/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35986, Rainsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,641 (100%) |
| Owner Occupied HU | 2,573 (70.7%) |
| Renter Occupied HU | 806 (22.1%) |
| Vacant Housing Units | 262 ( 7.2%) |
| Median Home Value | $238,413 |
| Average Home Value | $272,546 |
Housing Distribution
Address Breakdown
Residential
3,473
Single Family
3,393
Multi-Family
80
Businesses
326
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Listed by: Annette Wright • Re/Max Property Center
Mls Name: ValleyMLS
Mls ID: #21902589