16709 Wellhouse DrHarvestAL35749
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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
Investment property for sale in Harvest at 16709 Wellhouse Dr, Harvest, AL, 35749 listed at $153,000 pairs $1,667/mo rent with a $749/mo payment to leave $793/mo cash flow. Total monthly income runs $1,667/mo, and annual cash flow reaches $9,519/yr on $50,720 cash to close. Return on cash invested measures 38.68% in year one, and rental yield registers 13.07% at a $153,000 basis. Equity gained on principal adds $987/yr, and annual property appreciation at 5% supports $42,271 by year five. Five-year ROI tracks 202.93% and total cumulative return in cash totals $102,924. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,667/mo property income relative to a $749/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2009
5,662 sqft lot
$N/A/sqft
$120 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35749, Harvest, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,975 (100%) |
| Owner Occupied HU | 9,459 (86.2%) |
| Renter Occupied HU | 1,200 (10.9%) |
| Vacant Housing Units | 316 ( 2.9%) |
| Median Home Value | $321,761 |
| Average Home Value | $361,588 |
Housing Distribution
Address Breakdown
Residential
11,286
Single Family
11,264
Multi-Family
22
Businesses
258
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Listed by: Karen Ruffin • Kendall James Realty
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21888460
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