622 County Road 662 #23Cedar BluffAL35959
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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 Cedar Bluff at 622 County Road 662 #23, Cedar Bluff, AL, 35959 offers a 6.76% rental yield on a $399,900 purchase with $2,254/mo rent. 75% in year one. Equity gained on principal adds $2,580/yr while 5% annual appreciation supports $110,485 over five years. Portfolio math shows five-year ROI at 96.37% and total cumulative return in cash at $127,748. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,254/mo property income against a $1,957/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
9,583 sqft lot
$N/A/sqft
$1,500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35959, Cedar Bluff, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,132 (100%) |
| Owner Occupied HU | 1,581 (50.5%) |
| Renter Occupied HU | 472 (15.1%) |
| Vacant Housing Units | 1,079 (34.5%) |
| Median Home Value | $218,083 |
| Average Home Value | $256,347 |
Housing Distribution
Address Breakdown
Residential
2,466
Single Family
2,466
Multi-Family
0
Businesses
90
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Listed by: Kelly Holder • Keller Williams Signature Prop
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21869674
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