143 Deerwood Lake DrHarpersvilleAL35078
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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 Harpersville at 143 Deerwood Lake Dr, Harpersville, AL, 35078 priced at $999,000 converts $0/mo rent into after a $4,890/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -0.53% in year one, and rental yield reads 0% against a $999,000 entry. Equity gained on principal adds $6,446/yr, while 5% annual appreciation compiles into $276,005 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $4,890/mo payment, not borrower’s personal income.
Single Family
Built in 1992
2.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35078, Harpersville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 950 (100%) |
| Owner Occupied HU | 694 (73.1%) |
| Renter Occupied HU | 139 (14.6%) |
| Vacant Housing Units | 117 (12.3%) |
| Median Home Value | $212,319 |
| Average Home Value | $295,461 |
Housing Distribution
Address Breakdown
Residential
890
Single Family
890
Multi-Family
0
Businesses
85
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No similar rental properties found nearby.
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Listed by: Jordan Earl • Steel City at Keller Williams Realty
Mls Name: GALMLS
Mls ID: #21423856