6536 Cherokee DrFairfieldAL35064
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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 Fairfield at 6536 Cherokee Dr, Fairfield, AL, 35064 earns $282/mo cash flow from $1,467/mo rent with a $1,028/mo payment. Total monthly income totals $1,467/mo, and annual cash flow totals $3,378/yr on $69,615 capital. ROI tracks 24.76% on current figures, and rental yield reads 8.38% at a $210,000 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 over five years. Five-year ROI reaches 128.15% and total cumulative return in cash sums $89,212. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,467/mo property income instead of your personal income.
Single Family
Built in 1964
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35064, Fairfield, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,691 (100%) |
| Owner Occupied HU | 2,188 (46.6%) |
| Renter Occupied HU | 1,634 (34.8%) |
| Vacant Housing Units | 869 (18.5%) |
| Median Home Value | $156,623 |
| Average Home Value | $247,569 |
Housing Distribution
Address Breakdown
Residential
3,865
Single Family
3,701
Multi-Family
164
Businesses
320
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