203 County Road 617HancevilleAL35077
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 Hanceville at 203 County Road 617, Hanceville, AL, 35077 offers a 9.67% rental yield on a $201,700 purchase with $1,625/mo rent. Total monthly income registers $1,625/mo, and a $987/mo payment leaves $487/mo available for distribution. Annual cash flow reaches $5,841/yr on $66,864 to close, and return on cash invested stands at 28.64% in year one. Equity gained on principal adds $1,302/yr while 5% annual appreciation supports $55,726 over five years. Portfolio math shows five-year ROI at 149% and total cumulative return in cash at $99,626. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,625/mo property income against a $987/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35077, Hanceville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,443 (100%) |
| Owner Occupied HU | 4,445 (69.0%) |
| Renter Occupied HU | 1,436 (22.3%) |
| Vacant Housing Units | 562 ( 8.7%) |
| Median Home Value | $200,496 |
| Average Home Value | $263,431 |
Housing Distribution
Address Breakdown
Residential
5,969
Single Family
5,904
Multi-Family
65
Businesses
347
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A