421 Englewood DrFairfieldAL35064
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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 Fairfield at 421 Englewood Dr, Fairfield, AL, 35064 priced at $226,000 pairs $1,440/mo rent with $165/mo cash flow after a $1,106/mo payment. Total monthly income equals $1,440/mo, and annual cash flow comes to $1,974/yr on $74,919 invested. Return on cash invested is 22.54% in year one, and rental yield stands at 7.65% on a $226,000 basis. Equity gained on principal adds $1,458/yr, and 5% annual appreciation accumulates to $62,440 by year five. Five-year ROI measures 116.28% and total cumulative return in cash reaches $87,119. For financing, Ziffy Mortgage’s DSCR program evaluates $1,440/mo property income against a $1,106/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1972
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35064, Fairfield, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,691 (100%) |
| Owner Occupied HU | 2,188 (46.6%) |
| Renter Occupied HU | 1,634 (34.8%) |
| Vacant Housing Units | 869 (18.5%) |
| Median Home Value | $156,623 |
| Average Home Value | $247,569 |
Housing Distribution
Address Breakdown
Residential
3,865
Single Family
3,701
Multi-Family
164
Businesses
320
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