398 County Road 60WinfieldAL35594
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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 Winfield at 398 County Road 60, Winfield, AL, 35594 listed at $119,000 pairs $934/mo rent with a $582/mo payment to leave $263/mo cash flow. Total monthly income runs $934/mo, and annual cash flow reaches $3,153/yr on $39,449 cash to close. Return on cash invested measures 27.9% in year one, and rental yield registers 9.42% at a $119,000 basis. Equity gained on principal adds $768/yr, and annual property appreciation at 5% supports $32,878 by year five. Five-year ROI tracks 145.05% and total cumulative return in cash totals $57,221. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $934/mo property income relative to a $582/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1945
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35594, Winfield, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,527 (100%) |
| Owner Occupied HU | 2,244 (63.6%) |
| Renter Occupied HU | 864 (24.5%) |
| Vacant Housing Units | 419 (11.9%) |
| Median Home Value | $162,189 |
| Average Home Value | $202,686 |
Housing Distribution
Address Breakdown
Residential
3,282
Single Family
3,113
Multi-Family
169
Businesses
340
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Listed by: Bradley Falkner • HAMNER REAL ESTATE
Mls Name: WAMLS
Mls Provider:
Mls ID: #165816
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.