76 Patterson LnOneontaAL35121
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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 Oneonta at 76 Patterson Ln, Oneonta, AL, 35121 generates $985/mo in rent and, after a $611/mo payment, leaves $280/mo in cash flow. Total monthly income is $985/mo, and annual cash flow is $3,364/yr on $41,404 invested. Return on cash invested sits at 28.03% in year one, and rental yield is 9.46% on a $124,900 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 145.75% and total cumulative return in cash sums $60,346. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $985/mo property income rather than buyer’s personal income.
Single Family
Built in 2009
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35121, Oneonta, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,877 (100%) |
| Owner Occupied HU | 4,695 (68.3%) |
| Renter Occupied HU | 1,583 (23.0%) |
| Vacant Housing Units | 599 ( 8.7%) |
| Median Home Value | $202,796 |
| Average Home Value | $247,068 |
Housing Distribution
Address Breakdown
Residential
6,618
Single Family
6,435
Multi-Family
183
Businesses
713
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