401 Lincoln Ave NEFort 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 401 Lincoln Ave NE, Fort Payne, AL, 35967 priced at $131,800 pairs $1,510/mo rent with $765/mo cash flow after a $645/mo payment. Total monthly income equals $1,510/mo, and annual cash flow comes to $9,179/yr on $43,692 invested. Return on cash invested is 40.92% in year one, and rental yield stands at 13.75% on a $131,800 basis. Equity gained on principal adds $850/yr, and 5% annual appreciation accumulates to $36,414 by year five. Five-year ROI measures 214.81% and total cumulative return in cash reaches $93,856. For financing, Ziffy Mortgage’s DSCR program evaluates $1,510/mo property income against a $645/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
6,534 sqft 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
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Listed by: N/A • N/A
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