1908 Rae Ct SEHartselleAL35640
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 Hartselle at 1908 Rae Ct SE, Hartselle, AL, 35640 uses $125,937 cash to close to unlock $5,594/yr annual cash flow and $466/mo monthly cash flow. Total monthly income runs $2,638/mo, and a $1,859/mo payment keeps the spread at $466/mo. Purchase price stands at $379,900, and rental yield measures 8.33% with $2,638/mo rent. Return on cash invested shows 24.35% in year one, and 5% annual appreciation builds toward $104,959 over five years. Five-year ROI reaches 126.07% and total cumulative return in cash records $158,765. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,638/mo property income covering a $1,859/mo payment rather than investor’s personal income.
Single Family
Built in N/A
8,712 sqft lot
$N/A/sqft
$335 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35640, Hartselle, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,314 (100%) |
| Owner Occupied HU | 8,125 (71.8%) |
| Renter Occupied HU | 2,417 (21.4%) |
| Vacant Housing Units | 772 ( 6.8%) |
| Median Home Value | $278,919 |
| Average Home Value | $309,046 |
Housing Distribution
Address Breakdown
Residential
11,107
Single Family
10,956
Multi-Family
151
Businesses
756
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Listed by: Tyler Payne • Davidson Homes LLC 4
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21868562
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