743 County Road 698HeflinAL36264
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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 Heflin at 743 County Road 698, Heflin, AL, 36264 uses $64,510 cash to close to unlock $9,313/yr annual cash flow and $776/mo monthly cash flow. Total monthly income runs $1,874/mo, and a $952/mo payment keeps the spread at $776/mo. Purchase price stands at $194,600, and rental yield measures 11.56% with $1,874/mo rent. Return on cash invested shows 34.34% in year one, and 5% annual appreciation builds toward $53,764 over five years. Five-year ROI reaches 179.61% and total cumulative return in cash records $115,865. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,874/mo property income covering a $952/mo payment rather than investor’s personal income.
Single Family
Built in 2006
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36264, Heflin, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,092 (100%) |
| Owner Occupied HU | 2,670 (65.2%) |
| Renter Occupied HU | 923 (22.6%) |
| Vacant Housing Units | 499 (12.2%) |
| Median Home Value | $190,355 |
| Average Home Value | $212,994 |
Housing Distribution
Address Breakdown
Residential
3,845
Single Family
3,845
Multi-Family
0
Businesses
325
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