516 Fair Oaks 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 516 Fair Oaks Dr, Fairfield, AL, 35064 at $183,100 posts ROI 33.92% with $709/mo cash flow from $1,878/mo rent. Total monthly income equals $1,878/mo, and annual cash flow records $8,503/yr on $60,698 to close. Return on cash invested measures 33.92% and rental yield reads 12.31% at the current $183,100. Equity gained on principal adds $1,182/yr, and 5% annual appreciation supports $50,587 by year five. Five-year ROI prints 178.26% and total cumulative return in cash totals $108,198.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,878/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1970
87 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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