2319 N State Road 123HartfordAL36344
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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 Hartford at 2319 N State Road 123, Hartford, AL, 36344 uses $65,969 cash to close to unlock $2,361/yr annual cash flow and $197/mo monthly cash flow. Total monthly income runs $1,320/mo, and a $974/mo payment keeps the spread at $197/mo. Purchase price stands at $199,000, and rental yield measures 7.96% with $1,320/mo rent. Return on cash invested shows 23.49% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 121.34% and total cumulative return in cash records $80,046. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,320/mo property income covering a $974/mo payment rather than investor’s personal income.
Single Family
Built in 1991
6.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36344, Hartford, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,543 (100%) |
| Owner Occupied HU | 1,653 (65.0%) |
| Renter Occupied HU | 581 (22.8%) |
| Vacant Housing Units | 309 (12.2%) |
| Median Home Value | $171,985 |
| Average Home Value | $201,239 |
Housing Distribution
Address Breakdown
Residential
2,463
Single Family
2,407
Multi-Family
56
Businesses
178
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