1002 Thornton Br #7CH7ZPHarvestAL35749
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
Investment Highlights
Investment property for sale in Harvest at 1002 Thornton Br #7CH7ZP, Harvest, AL, 35749 offers a 9.34% rental yield on a $276,500 purchase with $2,153/mo rent. Total monthly income registers $2,153/mo, and a $1,353/mo payment leaves $593/mo available for distribution. Annual cash flow reaches $7,111/yr on $91,660 to close, and return on cash invested stands at 27.67% in year one. Equity gained on principal adds $1,784/yr while 5% annual appreciation supports $76,392 over five years. Portfolio math shows five-year ROI at 143.74% and total cumulative return in cash at $131,750. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,153/mo property income against a $1,353/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35749, Harvest, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,975 (100%) |
| Owner Occupied HU | 9,459 (86.2%) |
| Renter Occupied HU | 1,200 (10.9%) |
| Vacant Housing Units | 316 ( 2.9%) |
| Median Home Value | $321,761 |
| Average Home Value | $361,588 |
Housing Distribution
Address Breakdown
Residential
11,286
Single Family
11,264
Multi-Family
22
Businesses
258
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices