1663 Massey RdHonoravilleAL36042
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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 Honoraville at 1663 Massey Rd, Honoraville, AL, 36042 generates $1,488/mo in rent and, after a $930/mo payment, leaves $416/mo in cash flow. Total monthly income is $1,488/mo, and annual cash flow is $4,986/yr on $62,985 invested. Return on cash invested sits at 27.83% in year one, and rental yield is 9.4% on a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 144.63% and total cumulative return in cash sums $91,092. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,488/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36042, Honoraville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 657 (100%) |
| Owner Occupied HU | 438 (66.7%) |
| Renter Occupied HU | 117 (17.8%) |
| Vacant Housing Units | 102 (15.5%) |
| Median Home Value | $126,471 |
| Average Home Value | $148,151 |
Housing Distribution
Address Breakdown
Residential
640
Single Family
640
Multi-Family
0
Businesses
15
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Listed by: N/A • N/A
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