640 County Road 848MentoneAL35984
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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
Total monthly income runs $0/mo, and a $2,687/mo payment. Purchase price stands at $549,000, and rental yield measures 0% with $0/mo rent. Return on cash invested shows -0.53% in year one, and 5% annual appreciation builds toward $151,679 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $0/mo property income covering a $2,687/mo payment rather than investor’s personal income.
Single Family
Built in 2004
1.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35984, Mentone, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,331 (100%) |
| Owner Occupied HU | 715 (53.7%) |
| Renter Occupied HU | 152 (11.4%) |
| Vacant Housing Units | 464 (34.9%) |
| Median Home Value | $222,917 |
| Average Home Value | $292,136 |
Housing Distribution
Address Breakdown
Residential
1,025
Single Family
1,025
Multi-Family
0
Businesses
75
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No similar rental properties found nearby.
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Listed by: Kathey Marable • Toles Temple & Wright Inc
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21884476
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