6439 Highway 269ParrishAL35580
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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 Parrish at 6439 Highway 269, Parrish, AL, 35580 generates $1,122/mo in rent and, after a $685/mo payment, leaves $332/mo in cash flow. Total monthly income is $1,122/mo, and annual cash flow is $3,985/yr on $46,377 invested. Return on cash invested sits at 28.5% in year one, and rental yield is 9.62% on a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 148.32% and total cumulative return in cash sums $68,787. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,122/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35580, Parrish, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,841 (100%) |
| Owner Occupied HU | 1,293 (70.2%) |
| Renter Occupied HU | 306 (16.6%) |
| Vacant Housing Units | 242 (13.1%) |
| Median Home Value | $119,742 |
| Average Home Value | $159,797 |
Housing Distribution
Address Breakdown
Residential
1,544
Single Family
1,544
Multi-Family
0
Businesses
63
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Listed by: Shelby Carmichael • RealtySouth The Harbin Company
Mls Name: Walker County Area MLS
Mls ID: #25-456
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 Walker County Area MLS, All rights reserved.