104 McClellan LnHarvestAL35749
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 104 McClellan Ln, Harvest, AL, 35749 uses $85,361 cash to close to unlock $4,835/yr annual cash flow and $403/mo monthly cash flow. Total monthly income runs $1,856/mo, and a $1,260/mo payment keeps the spread at $403/mo. Purchase price stands at $257,500, and rental yield measures 8.65% with $1,856/mo rent. Return on cash invested shows 25.57% in year one, and 5% annual appreciation builds toward $71,143 over five years. Five-year ROI reaches 132.5% and total cumulative return in cash records $113,101. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,856/mo property income covering a $1,260/mo payment rather than investor’s personal income.
Single Family
Built in 1993
0.50 Acres 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