113 Corwin DrHarvestAL35749
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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 Harvest at 113 Corwin Dr, Harvest, AL, 35749 uses $99,119 cash to close to unlock $6,225/yr annual cash flow and $519/mo monthly cash flow. Total monthly income runs $2,206/mo, and a $1,463/mo payment keeps the spread at $519/mo. Purchase price stands at $299,000, and rental yield measures 8.85% with $2,206/mo rent. Return on cash invested shows 26.19% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 135.8% and total cumulative return in cash records $134,602. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,206/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.40 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
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Listed by: Liz Smith • Redstone Realty Solutions-HSV
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21872987
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