1078 County Road 609HancevilleAL35077
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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 1078 County Road 609, Hanceville, AL, 35077 listed at $139,400 pairs $1,145/mo rent with a $682/mo payment to leave $358/mo cash flow. Total monthly income runs $1,145/mo, and annual cash flow reaches $4,301/yr on $46,211 cash to close. Return on cash invested measures 29.22% in year one, and rental yield registers 9.86% at a $139,400 basis. Equity gained on principal adds $900/yr, and annual property appreciation at 5% supports $38,514 by year five. Five-year ROI tracks 152.1% and total cumulative return in cash totals $70,286. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,145/mo property income relative to a $682/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1972
20 Acres lot
$N/A/sqft
No 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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