1004 Carter Grove RdHazel GreenAL35750
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1004 Carter Grove Rd, Hazel Green, AL, 35750 in Hazel Green speaks for itself: 10.78% gross on a $190,000 price, generating $1,708/mo in rent and $635/mo in net income after the $854/mo debt service. DSCR 2.00, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,622 stacks alongside $52,494 in projected five-year appreciation and $1,750/yr in principal reduction. Projected total cumulative return: $112,551.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 6.5% |
| Monthly Cash Flow | $635 | $300 |
City averages based on Hazel Green market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,708 |
| Total Monthly Debt Service | $997 |
| DSCR Ratio | 1.71x |
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 2003
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35750, Hazel Green, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,263 (100%) |
| Owner Occupied HU | 4,920 (78.6%) |
| Renter Occupied HU | 1,042 (16.6%) |
| Vacant Housing Units | 301 ( 4.8%) |
| Median Home Value | $252,241 |
| Average Home Value | $279,997 |
Housing Distribution
Address Breakdown
Residential
6,529
Single Family
6,529
Multi-Family
0
Businesses
321
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 2003
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35750, Hazel Green, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,263 (100%) |
| Owner Occupied HU | 4,920 (78.6%) |
| Renter Occupied HU | 1,042 (16.6%) |
| Vacant Housing Units | 301 ( 4.8%) |
| Median Home Value | $252,241 |
| Average Home Value | $279,997 |
Housing Distribution
Address Breakdown
Residential
6,529
Single Family
6,529
Multi-Family
0
Businesses
321
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tyler Canoles • Capstone Realty
Mls Name: ValleyMLS
Mls ID: #21910230