223 Park RdHackleburgAL35564
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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
Investment property for sale in Hackleburg at 223 Park Rd, Hackleburg, AL, 35564 offers a 7.98% rental yield on a $159,000 purchase with $1,057/mo rent. Total monthly income registers $1,057/mo, and a $778/mo payment leaves $160/mo available for distribution. Annual cash flow reaches $1,917/yr on $52,709 to close, and return on cash invested stands at 23.55% in year one. Equity gained on principal adds $1,026/yr while 5% annual appreciation supports $43,929 over five years. Portfolio math shows five-year ROI at 121.64% and total cumulative return in cash at $64,116. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,057/mo property income against a $778/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2002
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35564, Hackleburg, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,122 (100%) |
| Owner Occupied HU | 734 (65.4%) |
| Renter Occupied HU | 236 (21.0%) |
| Vacant Housing Units | 152 (13.5%) |
| Median Home Value | $140,141 |
| Average Home Value | $201,349 |
Housing Distribution
Address Breakdown
Residential
1,025
Single Family
1,025
Multi-Family
0
Businesses
65
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Listed by: Jerromy Downey • EXIT River City Realty
Mls Name: Strategic MLS Alliance
Mls ID: #522961
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.