1669 Harts Ferry RdOhatcheeAL36271
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
Rental property for sale in Ohatchee at 1669 Harts Ferry Rd, Ohatchee, AL, 36271 priced at $233,000 converts $1,506/mo rent into $191/mo cash flow after a $1,140/mo obligation. Total monthly income equals $1,506/mo, and annual cash flow totals $2,295/yr on $77,240 invested. Return on cash invested prints 22.88% in year one, and rental yield reads 7.76% against a $233,000 entry. Equity gained on principal adds $1,504/yr, while 5% annual appreciation compiles into $64,374 by year five. Five-year ROI reaches 118.11% and total cumulative return in cash sums $91,225. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,506/mo property income covering a $1,140/mo payment, not borrower’s personal income.
Single Family
Built in 1976
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36271, Ohatchee, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,785 (100%) |
| Owner Occupied HU | 2,035 (73.1%) |
| Renter Occupied HU | 418 (15.0%) |
| Vacant Housing Units | 332 (11.9%) |
| Median Home Value | $187,230 |
| Average Home Value | $212,903 |
Housing Distribution
Address Breakdown
Residential
2,605
Single Family
2,605
Multi-Family
0
Businesses
102
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Justin Williams • SmallTown Real Estate, LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21416637
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.