101 Boyd St #101HancevilleAL35077
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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 Hanceville at 101 Boyd St #101, Hanceville, AL, 35077 offers a 7.82% rental yield on a $253,000 purchase with $1,649/mo rent. Total monthly income registers $1,649/mo, and a $1,238/mo payment leaves $121/mo available for distribution. Annual cash flow reaches $1,455/yr on $83,870 to close, and return on cash invested stands at 21.64% in year one. Equity gained on principal adds $1,633/yr while 5% annual appreciation supports $69,899 over five years. Portfolio math shows five-year ROI at 111.98% and total cumulative return in cash at $93,916. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,649/mo property income against a $1,238/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2024
0.62 Acres lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35077, Hanceville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,443 (100%) |
| Owner Occupied HU | 4,445 (69.0%) |
| Renter Occupied HU | 1,436 (22.3%) |
| Vacant Housing Units | 562 ( 8.7%) |
| Median Home Value | $200,496 |
| Average Home Value | $263,431 |
Housing Distribution
Address Breakdown
Residential
5,969
Single Family
5,904
Multi-Family
65
Businesses
347
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Listed by: Cindy Dyer • REALTYSOUTH, CULLMAN OFFICE
Mls Name: Strategic MLS Alliance
Mls ID: #518745
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.