4343 Fairview Cove RdAltoonaAL35952
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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 Altoona at 4343 Fairview Cove Rd, Altoona, AL, 35952 generates $1,136/mo in rent, after a $1,101/mo payment. Total monthly income is $1,136/mo. Return on cash invested sits at 17.76% in year one, and rental yield is 6.06% on a $224,900 entry. Equity gained on principal adds $1,451/yr, while 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 90.65% and total cumulative return in cash sums $67,585. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,136/mo property income rather than buyer’s personal income.
Manufactured
Built in N/A
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35952, Altoona, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,449 (100%) |
| Owner Occupied HU | 2,375 (68.9%) |
| Renter Occupied HU | 771 (22.4%) |
| Vacant Housing Units | 303 ( 8.8%) |
| Median Home Value | $180,774 |
| Average Home Value | $215,077 |
Housing Distribution
Address Breakdown
Residential
3,173
Single Family
3,148
Multi-Family
25
Businesses
156
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