1304 Hammonds RdFyffeAL35971
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 1304 Hammonds Rd, Fyffe, AL, 35971 in Fyffe hard to pass up. The 10.54% gross yield on a $205,000 purchase results in $1,800/mo in rent and $643/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.95). Annual cash flow of $7,715, five-year appreciation of $56,638, and $1,888/yr in equity build-up combine for a projected total cumulative return of $118,653.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 8.0% |
| Monthly Cash Flow | $643 | $500 |
City averages based on Fyffe market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,800 |
| Total Monthly Debt Service | $1,076 |
| DSCR Ratio | 1.67x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1983
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35971, Fyffe, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,070 (100%) |
| Owner Occupied HU | 1,421 (68.6%) |
| Renter Occupied HU | 438 (21.2%) |
| Vacant Housing Units | 211 (10.2%) |
| Median Home Value | $159,470 |
| Average Home Value | $221,434 |
Housing Distribution
Address Breakdown
Residential
1,992
Single Family
1,992
Multi-Family
0
Businesses
91
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
Single Family
Built in 1983
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35971, Fyffe, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,070 (100%) |
| Owner Occupied HU | 1,421 (68.6%) |
| Renter Occupied HU | 438 (21.2%) |
| Vacant Housing Units | 211 (10.2%) |
| Median Home Value | $159,470 |
| Average Home Value | $221,434 |
Housing Distribution
Address Breakdown
Residential
1,992
Single Family
1,992
Multi-Family
0
Businesses
91
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices