705 Destiny DrWinfieldAL35594
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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 Winfield at 705 Destiny Dr, Winfield, AL, 35594 priced at $399,999 converts $793/mo rent into after a $1,958/mo obligation. Total monthly income equals $793/mo. Return on cash invested prints 6.65% in year one, and rental yield reads 2.38% against a $399,999 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,512 by year five. Five-year ROI reaches 31.02% and total cumulative return in cash sums $41,127. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $793/mo property income covering a $1,958/mo payment, not borrower’s personal income.
Single Family
Built in 2014
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35594, Winfield, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,527 (100%) |
| Owner Occupied HU | 2,244 (63.6%) |
| Renter Occupied HU | 864 (24.5%) |
| Vacant Housing Units | 419 (11.9%) |
| Median Home Value | $162,189 |
| Average Home Value | $202,686 |
Housing Distribution
Address Breakdown
Residential
3,282
Single Family
3,113
Multi-Family
169
Businesses
340
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