231 Happy Hollow DrUnion SpringsAL36089
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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 Union Springs at 231 Happy Hollow Dr, Union Springs, AL, 36089 uses $58,013 cash to close to unlock $5,493/yr annual cash flow and $458/mo monthly cash flow. Total monthly income runs $1,446/mo, and a $857/mo payment keeps the spread at $458/mo. Purchase price stands at $175,000, and rental yield measures 9.92% with $1,446/mo rent. Return on cash invested shows 29.38% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 152.92% and total cumulative return in cash records $88,711. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,446/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1962
1.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36089, Union Springs, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,333 (100%) |
| Owner Occupied HU | 1,836 (55.1%) |
| Renter Occupied HU | 1,050 (31.5%) |
| Vacant Housing Units | 447 (13.4%) |
| Median Home Value | $105,491 |
| Average Home Value | $160,588 |
Housing Distribution
Address Breakdown
Residential
2,856
Single Family
2,805
Multi-Family
51
Businesses
248
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Listed by: Pamela Caddell • Action Realty Of Troy
Mls Name: Pike County BOR
Mls ID: #28131