622 Ross StHeflinAL36264
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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 Heflin at 622 Ross St, Heflin, AL, 36264 uses $83,637 cash to close to unlock $6,616/yr annual cash flow and $551/mo monthly cash flow. Total monthly income runs $2,062/mo, and a $1,235/mo payment keeps the spread at $551/mo. Purchase price stands at $252,300, and rental yield measures 9.81% with $2,062/mo rent. Return on cash invested shows 27.82% in year one, and 5% annual appreciation builds toward $69,706 over five years. Five-year ROI reaches 145.03% and total cumulative return in cash records $121,296. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,062/mo property income covering a $1,235/mo payment rather than investor’s personal income.
Single Family
Built in 1935
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36264, Heflin, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,092 (100%) |
| Owner Occupied HU | 2,670 (65.2%) |
| Renter Occupied HU | 923 (22.6%) |
| Vacant Housing Units | 499 (12.2%) |
| Median Home Value | $190,355 |
| Average Home Value | $212,994 |
Housing Distribution
Address Breakdown
Residential
3,845
Single Family
3,845
Multi-Family
0
Businesses
325
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