6887 Highway 129FayetteAL35555
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Fayette at 6887 Highway 129, Fayette, AL, 35555 uses $33,150 cash to close to unlock $14,489/yr annual cash flow and $1,207/mo monthly cash flow. Total monthly income runs $1,801/mo, and a $489/mo payment keeps the spread at $1,207/mo. Purchase price stands at $100,000, and rental yield measures 21.61% with $1,801/mo rent. Return on cash invested shows 63.62% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 336.99% and total cumulative return in cash records $111,712. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,801/mo property income covering a $489/mo payment rather than investor’s personal income.
Single Family
Built in 1993
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35555, Fayette, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,507 (100%) |
| Owner Occupied HU | 2,740 (60.8%) |
| Renter Occupied HU | 1,038 (23.0%) |
| Vacant Housing Units | 729 (16.2%) |
| Median Home Value | $171,483 |
| Average Home Value | $279,089 |
Housing Distribution
Address Breakdown
Residential
4,213
Single Family
4,034
Multi-Family
179
Businesses
446
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rachel Perry • eXp Realty-Northern
Mls Name: Walker County Area MLS
Mls ID: #25-1017
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.