3567 County Road 121Fort PayneAL35968
Nearby investment properties with comparable rents
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 Fort Payne at 3567 County Road 121, Fort Payne, AL, 35968 uses $38,123 cash to close to unlock $5,241/yr annual cash flow and $437/mo monthly cash flow. Total monthly income runs $1,086/mo, and a $563/mo payment keeps the spread at $437/mo. Purchase price stands at $115,000, and rental yield measures 11.33% with $1,086/mo rent. Return on cash invested shows 33.66% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 175.86% and total cumulative return in cash records $67,041. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,086/mo property income covering a $563/mo payment rather than investor’s personal income.
Manufactured
Built in 1995
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35968, Fort Payne, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,096 (100%) |
| Owner Occupied HU | 1,411 (67.3%) |
| Renter Occupied HU | 471 (22.5%) |
| Vacant Housing Units | 214 (10.2%) |
| Median Home Value | $183,413 |
| Average Home Value | $253,816 |
Housing Distribution
Address Breakdown
Residential
2,154
Single Family
2,122
Multi-Family
32
Businesses
420
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Kritzer • Matt Curtis Real Estate, Inc.
Mls Name: ValleyMLS
Mls ID: #21899379