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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Fort Payne at 967 Creekstone Point Dr, Fort Payne, AL, 35967 generates $1,766/mo in rent and, after a $1,219/mo payment, leaves $360/mo in cash flow. Total monthly income is $1,766/mo, and annual cash flow is $4,323/yr on $82,544 invested. Return on cash invested sits at 25.15% in year one, and rental yield is 8.51% on a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 130.27% and total cumulative return in cash sums $107,528. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,766/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 35967, Fort Payne, AL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,393 (100%) |
| Owner Occupied HU | 4,651 (62.9%) |
| Renter Occupied HU | 1,953 (26.4%) |
| Vacant Housing Units | 789 (10.7%) |
| Median Home Value | $178,225 |
| Average Home Value | $236,695 |
Residential
6,925
Single Family
6,691
Multi-Family
234
Businesses
701
Date | Event | Price |
|---|---|---|
| 2025-01-02 | Listed for sale | $249,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Tina Burt • Ole Heritage Realty, Inc.
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21877987
Disclaimer: Properties marked with this icon are provided courtesy of the Valley MLS IDX Database. Some or all of the listings displayed may not belong to the firm whose website is being visited. All information provided is deemed reliable but is not guaranteed and should be independently verified. Copyright 2025 Valley MLS
