400 Eberhart Rd SEFort PayneAL35967
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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 Fort Payne at 400 Eberhart Rd SE, Fort Payne, AL, 35967 offers $0/mo rent that, after a $3,079/mo payment. Total monthly income is $0/mo. Return on cash invested measures -0.53% in year one, and rental yield stands at 0% at a $629,000 entry. Equity gained on principal adds $4,059/yr while 5% annual appreciation compounds into $173,781 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $3,079/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
13.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35967, Fort Payne, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,393 (100%) |
| Owner Occupied HU | 4,651 (62.9%) |
| Renter Occupied HU | 1,953 (26.4%) |
| Vacant Housing Units | 789 (10.7%) |
| Median Home Value | $178,225 |
| Average Home Value | $236,695 |
Housing Distribution
Address Breakdown
Residential
6,925
Single Family
6,691
Multi-Family
234
Businesses
701
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Tina Burt • Ole Heritage Realty, Inc.
Mls Name: ValleyMLS
Mls ID: #21906228