146 Hodges StRainsvilleAL35986
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
Investment Highlights
Investment property for sale in Rainsville at 146 Hodges St, Rainsville, AL, 35986 at $249,900 posts ROI 23.45% with $245/mo cash flow from $1,655/mo rent. Total monthly income equals $1,655/mo, and annual cash flow records $2,935/yr on $82,842 to close. Return on cash invested measures 23.45% and rental yield reads 7.95% at the current $249,900. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 by year five. Five-year ROI prints 121.14% and total cumulative return in cash totals $100,358.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,655/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35986, Rainsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,641 (100%) |
| Owner Occupied HU | 2,573 (70.7%) |
| Renter Occupied HU | 806 (22.1%) |
| Vacant Housing Units | 262 ( 7.2%) |
| Median Home Value | $238,413 |
| Average Home Value | $272,546 |
Housing Distribution
Address Breakdown
Residential
3,473
Single Family
3,393
Multi-Family
80
Businesses
326
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sharon Barnes • Sweet Home Alabama Real Estate
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21886725
Disclaimer: Properties marked with this icon are provided courtesy of the Valley MLS IDX Database. Some or all of the listings displayed may not belong to the firm whose website is being visited. All information provided is deemed reliable but is not guaranteed and should be independently verified. Copyright 2025 Valley MLS