110 Hess DrBridgeportAL35740
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 Bridgeport at 110 Hess Dr, Bridgeport, AL, 35740 offers a 7.67% rental yield on a $352,000 purchase with $2,249/mo rent. Total monthly income registers $2,249/mo, and a $1,723/mo payment leaves $262/mo available for distribution. Annual cash flow reaches $3,144/yr on $116,688 to close, and return on cash invested stands at 22.6% in year one. Equity gained on principal adds $2,271/yr while 5% annual appreciation supports $97,251 over five years. Portfolio math shows five-year ROI at 116.57% and total cumulative return in cash at $136,026. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,249/mo property income against a $1,723/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
1.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35740, Bridgeport, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,722 (100%) |
| Owner Occupied HU | 1,037 (60.2%) |
| Renter Occupied HU | 454 (26.4%) |
| Vacant Housing Units | 231 (13.4%) |
| Median Home Value | $149,709 |
| Average Home Value | $178,322 |
Housing Distribution
Address Breakdown
Residential
1,426
Single Family
1,402
Multi-Family
24
Businesses
83
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jacquie Jenkins • RE/MAX Realty South
Mls Name: Greater Chattanooga Realtors
Mls ID: #1523634