197 Remington DrHamiltonAL35570
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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 Hamilton at 197 Remington Dr, Hamilton, AL, 35570 at $119,900 posts ROI 35.49% with $516/mo cash flow from $1,193/mo rent. Total monthly income equals $1,193/mo, and annual cash flow records $6,193/yr on $39,747 to close. Return on cash invested measures 35.49% and rental yield reads 11.94% at the current $119,900. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,126 by year five. Five-year ROI prints 185.83% and total cumulative return in cash totals $73,860.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,193/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1968
2.20 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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