501 Westfield 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
Investment property for sale in Fairfield at 501 Westfield Dr, Fairfield, AL, 35064 uses $48,068 cash to close to unlock $3,351/yr annual cash flow and $279/mo monthly cash flow. Total monthly income runs $1,098/mo, and a $710/mo payment keeps the spread at $279/mo. Purchase price stands at $145,000, and rental yield measures 9.09% with $1,098/mo rent. Return on cash invested shows 26.88% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 139.57% and total cumulative return in cash records $67,088. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,098/mo property income covering a $710/mo payment rather than investor’s personal income.
Single Family
Built in 1963
6,534 sqft 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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