405 County Road 348LoganAL35098
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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 Logan at 405 County Road 348, Logan, AL, 35098 listed at $1,250,000 pairs $1,144/mo rent with a $6,118/mo payment. Total monthly income runs $1,144/mo. Return on cash invested measures 2.85% in year one, and rental yield registers 1.1% at a $1,250,000 basis. Equity gained on principal adds $8,066/yr, and annual property appreciation at 5% supports $345,352 by year five. Five-year ROI tracks 10.56% and total cumulative return in cash totals $42,757. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,144/mo property income relative to a $6,118/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35098, Logan, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 709 (100%) |
| Owner Occupied HU | 460 (64.9%) |
| Renter Occupied HU | 105 (14.8%) |
| Vacant Housing Units | 144 (20.3%) |
| Median Home Value | $219,643 |
| Average Home Value | $269,408 |
Housing Distribution
Address Breakdown
Residential
676
Single Family
676
Multi-Family
0
Businesses
14
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