113 Hillside DrAbbevilleAL36310
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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 Abbeville at 113 Hillside Dr, Abbeville, AL, 36310 uses $53,040 cash to close to unlock $4,956/yr annual cash flow and $413/mo monthly cash flow. Total monthly income runs $1,316/mo, and a $783/mo payment keeps the spread at $413/mo. Purchase price stands at $160,000, and rental yield measures 9.87% with $1,316/mo rent. Return on cash invested shows 29.25% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 152.22% and total cumulative return in cash records $80,738. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,316/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36310, Abbeville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,045 (100%) |
| Owner Occupied HU | 2,145 (53.0%) |
| Renter Occupied HU | 634 (15.7%) |
| Vacant Housing Units | 1,266 (31.3%) |
| Median Home Value | $126,862 |
| Average Home Value | $189,301 |
Housing Distribution
Address Breakdown
Residential
3,111
Single Family
3,111
Multi-Family
0
Businesses
248
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Listed by: Becky Walker • Keller Williams Southeast Alabama
Mls Name: SAMLS
Mls ID: #205840
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.