117 Hickory Gap TrlGurleyAL35748
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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
Rental property for sale in Gurley at 117 Hickory Gap Trl, Gurley, AL, 35748 priced at $825,000 pairs $1,920/mo rent with after a $4,038/mo payment. Total monthly income equals $1,920/mo. Return on cash invested is 7.85% in year one, and rental yield stands at 2.79% on a $825,000 basis. Equity gained on principal adds $5,324/yr, and 5% annual appreciation accumulates to $227,932 by year five. Five-year ROI measures 37.47% and total cumulative return in cash reaches $101,709. For financing, Ziffy Mortgage’s DSCR program evaluates $1,920/mo property income against a $4,038/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2017
0.35 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35748, Gurley, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,025 (100%) |
| Owner Occupied HU | 2,401 (79.4%) |
| Renter Occupied HU | 401 (13.3%) |
| Vacant Housing Units | 223 ( 7.4%) |
| Median Home Value | $349,460 |
| Average Home Value | $368,948 |
Housing Distribution
Address Breakdown
Residential
3,466
Single Family
3,466
Multi-Family
0
Businesses
123
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Listed by: Renee Tripp • Twins Realty
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21889800
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