Mount Carmel RdFalkvilleAL35622
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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 Falkville at Mount Carmel Rd, Falkville, AL, 35622 offers a 11.36% rental yield on a $138,000 purchase with $1,306/mo rent. Total monthly income registers $1,306/mo, and a $675/mo payment leaves $528/mo available for distribution. Annual cash flow reaches $6,330/yr on $45,747 to close, and return on cash invested stands at 33.75% in year one. Equity gained on principal adds $890/yr while 5% annual appreciation supports $38,127 over five years. Portfolio math shows five-year ROI at 176.39% and total cumulative return in cash at $80,694. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,306/mo property income against a $675/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in N/A
6.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35622, Falkville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,121 (100%) |
| Owner Occupied HU | 2,304 (73.8%) |
| Renter Occupied HU | 558 (17.9%) |
| Vacant Housing Units | 259 ( 8.3%) |
| Median Home Value | $215,035 |
| Average Home Value | $253,415 |
Housing Distribution
Address Breakdown
Residential
2,957
Single Family
2,957
Multi-Family
0
Businesses
115
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Listed by: Andy Collins • ERA WALDROP REAL ESTATE
Mls Name: Strategic MLS Alliance
Mls ID: #519829
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.