104 Sarah Beth StHancevilleAL35077
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 104 Sarah Beth St, Hanceville, AL, 35077 in Hanceville at $219,900, 5.99% gross yield, is a market-growth asset. Rental yield 5.99%. The $1,098/mo rent partially funds the $989/mo debt service; the core return is the 5%/yr price growth projected to add $60,754 over five years. Ziffy Mortgage's DSCR mortgage (1.11) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $66,773.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6% | 7.0% |
| Monthly Cash Flow | $(258) | $300 |
City averages based on Hanceville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,098 |
| Total Monthly Debt Service | $1,269 |
| DSCR Ratio | 0.87x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Condo
Built in 2004
4,356 sqft lot
$N/A/sqft
$115 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
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
Condo
Built in 2004
4,356 sqft lot
$N/A/sqft
$115 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: ANGIE WIDNER • Alabama Realty Group
Mls Name: Strategic MLS Alliance
Mls ID: #522328
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.