503 11th St SWFayetteAL35555
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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 Fayette at 503 11th St SW, Fayette, AL, 35555 uses $46,377 cash to close to unlock $12,181/yr annual cash flow and $1,015/mo monthly cash flow. Total monthly income runs $1,805/mo, and a $685/mo payment keeps the spread at $1,015/mo. Purchase price stands at $139,900, and rental yield measures 15.48% with $1,805/mo rent. Return on cash invested shows 46.17% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 243.08% and total cumulative return in cash records $112,731. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,805/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1974
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35555, Fayette, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,507 (100%) |
| Owner Occupied HU | 2,740 (60.8%) |
| Renter Occupied HU | 1,038 (23.0%) |
| Vacant Housing Units | 729 (16.2%) |
| Median Home Value | $171,483 |
| Average Home Value | $279,089 |
Housing Distribution
Address Breakdown
Residential
4,213
Single Family
4,034
Multi-Family
179
Businesses
446
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