15607 State Highway 91HancevilleAL35077
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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 Hanceville at 15607 State Highway 91, Hanceville, AL, 35077 offers a 10.31% rental yield on a $199,900 purchase with $1,718/mo rent. Total monthly income registers $1,718/mo, and a $978/mo payment leaves $590/mo available for distribution. Annual cash flow reaches $7,081/yr on $66,267 to close, and return on cash invested stands at 30.59% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 159.48% and total cumulative return in cash at $105,685. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,718/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35077, Hanceville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,443 (100%) |
| Owner Occupied HU | 4,445 (69.0%) |
| Renter Occupied HU | 1,436 (22.3%) |
| Vacant Housing Units | 562 ( 8.7%) |
| Median Home Value | $200,496 |
| Average Home Value | $263,431 |
Housing Distribution
Address Breakdown
Residential
5,969
Single Family
5,904
Multi-Family
65
Businesses
347
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Listed by: Gerri Sartin • Weichert Realtors Cullman
Mls Name: Strategic MLS Alliance
Mls ID: #525013