1663 Canyon RdHodgesAL35571
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 Hodges at 1663 Canyon Rd, Hodges, AL, 35571 offers a 9.37% rental yield on a $210,000 purchase with $1,640/mo rent. Total monthly income registers $1,640/mo, and a $1,028/mo payment leaves $455/mo available for distribution. Annual cash flow reaches $5,454/yr on $69,615 to close, and return on cash invested stands at 27.74% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,019 over five years. Portfolio math shows five-year ROI at 144.16% and total cumulative return in cash at $100,360. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,640/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35571, Hodges, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 512 (100%) |
| Owner Occupied HU | 349 (68.2%) |
| Renter Occupied HU | 63 (12.3%) |
| Vacant Housing Units | 100 (19.5%) |
| Median Home Value | $125,543 |
| Average Home Value | $144,241 |
Housing Distribution
Address Breakdown
Residential
442
Single Family
442
Multi-Family
0
Businesses
24
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