16581 State Highway 19HamiltonAL35570
INVESTMENT ANALYSIS
Investment Verdict
Solid Income16581 State Highway 19, Hamilton, AL, 35570 in Hamilton is a solid income-producing rental, 9.69% gross yield, $1,679/mo rent, $505/mo net cash flow on a $208,000 buy. DSCR 1.80 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $57,467 and $1,916/yr in principal reduction project a total cumulative return of $110,902.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 7.0% |
| Monthly Cash Flow | $505 | $300 |
City averages based on Hamilton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,679 |
| Total Monthly Debt Service | $1,091 |
| DSCR Ratio | 1.54x |
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 N/A
7 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35570, Hamilton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,983 (100%) |
| Owner Occupied HU | 2,925 (58.7%) |
| Renter Occupied HU | 1,417 (28.4%) |
| Vacant Housing Units | 641 (12.9%) |
| Median Home Value | $130,580 |
| Average Home Value | $169,512 |
Housing Distribution
Address Breakdown
Residential
4,583
Single Family
4,447
Multi-Family
136
Businesses
428
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 N/A
7 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35570, Hamilton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,983 (100%) |
| Owner Occupied HU | 2,925 (58.7%) |
| Renter Occupied HU | 1,417 (28.4%) |
| Vacant Housing Units | 641 (12.9%) |
| Median Home Value | $130,580 |
| Average Home Value | $169,512 |
Housing Distribution
Address Breakdown
Residential
4,583
Single Family
4,447
Multi-Family
136
Businesses
428
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ricky Murphy • TM REALTORS
Mls Name: NMMLS
Mls Provider:
Mls ID: #25-2663
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.