185 Lochridge LnHamiltonAL35570
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 Hamilton at 185 Lochridge Ln, Hamilton, AL, 35570 priced at $229,500 pairs $1,578/mo rent with $283/mo cash flow after a $1,123/mo payment. Total monthly income equals $1,578/mo, and annual cash flow comes to $3,394/yr on $76,079 invested. Return on cash invested is 24.37% in year one, and rental yield stands at 8.25% on a $229,500 basis. Equity gained on principal adds $1,481/yr, and 5% annual appreciation accumulates to $63,407 by year five. Five-year ROI measures 126.05% and total cumulative return in cash reaches $95,898. For financing, Ziffy Mortgage’s DSCR program evaluates $1,578/mo property income against a $1,123/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1962
30 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: Kerry Renaud • RE/MAX Unlimited
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21877489
Disclaimer: Properties marked with this icon are provided courtesy of the Valley MLS IDX Database. Some or all of the listings displayed may not belong to the firm whose website is being visited. All information provided is deemed reliable but is not guaranteed and should be independently verified. Copyright 2025 Valley MLS