744 County Road 392HenagarAL35978
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 744 County Road 392, Henagar, AL, 35978 in Henagar: $4,282/mo in rent, $1,765/mo net, 11.53% gross yield, all on a $445,800 acquisition. The 2.14 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $123,166 in value, and $4,106/yr in principal paydown steadily builds equity. Projected total cumulative return: $281,605.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 6.2% |
| Monthly Cash Flow | $1,765 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $4,282 |
| Total Monthly Debt Service | $2,339 |
| DSCR Ratio | 1.83x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1997
6.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35978, Henagar, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,385 (100%) |
| Owner Occupied HU | 1,627 (68.2%) |
| Renter Occupied HU | 472 (19.8%) |
| Vacant Housing Units | 286 (12.0%) |
| Median Home Value | $161,587 |
| Average Home Value | $223,328 |
Housing Distribution
Address Breakdown
Residential
2,369
Single Family
2,369
Multi-Family
0
Businesses
112
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
Single Family
Built in 1997
6.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35978, Henagar, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,385 (100%) |
| Owner Occupied HU | 1,627 (68.2%) |
| Renter Occupied HU | 472 (19.8%) |
| Vacant Housing Units | 286 (12.0%) |
| Median Home Value | $161,587 |
| Average Home Value | $223,328 |
Housing Distribution
Address Breakdown
Residential
2,369
Single Family
2,369
Multi-Family
0
Businesses
112
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices