1020 Mallard DrHarpersvilleAL35078
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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 Harpersville at 1020 Mallard Dr, Harpersville, AL, 35078 uses $112,677 cash to close to unlock $15,637/yr annual cash flow and $1,303/mo monthly cash flow. Total monthly income runs $3,222/mo, and a $1,664/mo payment keeps the spread at $1,303/mo. Purchase price stands at $339,900, and rental yield measures 11.38% with $3,222/mo rent. Return on cash invested shows 33.79% in year one, and 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 176.57% and total cumulative return in cash records $198,959. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,222/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 2023
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35078, Harpersville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 950 (100%) |
| Owner Occupied HU | 694 (73.1%) |
| Renter Occupied HU | 139 (14.6%) |
| Vacant Housing Units | 117 (12.3%) |
| Median Home Value | $212,319 |
| Average Home Value | $295,461 |
Housing Distribution
Address Breakdown
Residential
890
Single Family
890
Multi-Family
0
Businesses
85
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Listed by: Sonia Treadwell • Keller Williams
Mls Name: GALMLS
Mls ID: #21441481