346 Sherwood PlHaleyvilleAL35565
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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 Haleyville at 346 Sherwood Pl, Haleyville, AL, 35565 offers $3,577/mo rent that, after a $2,785/mo payment, leaves $365/mo cash flow. Total monthly income is $3,577/mo, and annual cash flow is $4,383/yr on $187,201 cash. Return on cash invested measures 22.4% in year one, and rental yield stands at 7.54% at a $569,000 entry. Equity gained on principal adds $3,672/yr while 5% annual appreciation compounds into $157,204 by year five. Five-year ROI records 115.47% and total cumulative return in cash reaches $216,167. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,577/mo property income versus a $2,785/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
6.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35565, Haleyville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,549 (100%) |
| Owner Occupied HU | 4,032 (61.6%) |
| Renter Occupied HU | 1,479 (22.6%) |
| Vacant Housing Units | 1,038 (15.8%) |
| Median Home Value | $120,041 |
| Average Home Value | $172,852 |
Housing Distribution
Address Breakdown
Residential
5,748
Single Family
5,482
Multi-Family
266
Businesses
462
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Listed by: Amy Blair Balentine • Lawson Real Estate Inc
Mls Name: Walker County Area MLS
Mls ID: #25-2306