2360 County Road 29Mount HopeAL35651
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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
Total monthly income runs $0/mo, and a $1,419/mo payment. Purchase price stands at $289,900, and rental yield measures 0% with $0/mo rent. Return on cash invested shows -0.52% in year one, and 5% annual appreciation builds toward $80,094 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $0/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1956
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35651, Mount Hope, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 515 (100%) |
| Owner Occupied HU | 359 (69.7%) |
| Renter Occupied HU | 64 (12.4%) |
| Vacant Housing Units | 92 (17.9%) |
| Median Home Value | $210,897 |
| Average Home Value | $230,244 |
Housing Distribution
Address Breakdown
Residential
525
Single Family
525
Multi-Family
0
Businesses
23
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Listed by: Clint Peters • Real Broker LLC
Mls Name: ValleyMLS
Mls ID: #21895509