195 N Riverside DrHamiltonAL35570
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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 Hamilton at 195 N Riverside Dr, Hamilton, AL, 35570 generates $1,329/mo in rent and, after a $830/mo payment, leaves $372/mo in cash flow. Total monthly income is $1,329/mo, and annual cash flow is $4,462/yr on $56,189 invested. Return on cash invested sits at 27.85% in year one, and rental yield is 9.41% on a $169,500 entry. Equity gained on principal adds $1,094/yr, while 5% annual appreciation builds toward $46,830 over five years. Five-year ROI reaches 144.73% and total cumulative return in cash sums $81,320. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,329/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
0.57 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
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Listed by: Sherry Pruitt • Sherry Pruitt Real Estate
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21879404
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