605 Woodland Dr SOneontaAL35121
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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 Oneonta at 605 Woodland Dr S, Oneonta, AL, 35121 offers $1,440/mo rent that, after a $827/mo payment, leaves $486/mo cash flow. Total monthly income is $1,440/mo, and annual cash flow is $5,836/yr on $55,990 cash. Return on cash invested measures 30.33% in year one, and rental yield stands at 10.23% at a $168,900 entry. Equity gained on principal adds $1,090/yr while 5% annual appreciation compounds into $46,664 by year five. Five-year ROI records 158.08% and total cumulative return in cash reaches $88,512. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,440/mo property income versus a $827/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35121, Oneonta, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,877 (100%) |
| Owner Occupied HU | 4,695 (68.3%) |
| Renter Occupied HU | 1,583 (23.0%) |
| Vacant Housing Units | 599 ( 8.7%) |
| Median Home Value | $202,796 |
| Average Home Value | $247,068 |
Housing Distribution
Address Breakdown
Residential
6,618
Single Family
6,435
Multi-Family
183
Businesses
713
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