1119 Carter Grove RdHazel GreenAL35750
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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 Hazel Green at 1119 Carter Grove Rd, Hazel Green, AL, 35750 listed at $464,900 pairs $2,222/mo rent with a $2,275/mo payment. Total monthly income runs $2,222/mo. Return on cash invested measures 16.78% in year one, and rental yield registers 5.74% at a $464,900 basis. Equity gained on principal adds $3,000/yr, and annual property appreciation at 5% supports $128,443 by year five. Five-year ROI tracks 85.37% and total cumulative return in cash totals $131,572. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,222/mo property income relative to a $2,275/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1993
7.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35750, Hazel Green, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,263 (100%) |
| Owner Occupied HU | 4,920 (78.6%) |
| Renter Occupied HU | 1,042 (16.6%) |
| Vacant Housing Units | 301 ( 4.8%) |
| Median Home Value | $252,241 |
| Average Home Value | $279,997 |
Housing Distribution
Address Breakdown
Residential
6,529
Single Family
6,529
Multi-Family
0
Businesses
321
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Listed by: Rob Abercrombie • Capstone Realty LLC Huntsville
Mls Name: ValleyMLS
Mls ID: #21897112