24998 Hobbs LoopArdmoreAL35739
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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 Ardmore at 24998 Hobbs Loop, Ardmore, AL, 35739 earns $690/mo cash flow from $1,565/mo rent with a $759/mo payment. Total monthly income totals $1,565/mo, and annual cash flow totals $8,277/yr on $51,383 capital. ROI tracks 36.02% on current figures, and rental yield reads 12.12% at a $155,000 purchase. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 over five years. Five-year ROI reaches 188.52% and total cumulative return in cash sums $96,868. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,565/mo property income instead of your personal income.
Single Family
Built in 1990
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35739, Ardmore, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,385 (100%) |
| Owner Occupied HU | 1,718 (72.0%) |
| Renter Occupied HU | 508 (21.3%) |
| Vacant Housing Units | 159 ( 6.7%) |
| Median Home Value | $265,580 |
| Average Home Value | $305,860 |
Housing Distribution
Address Breakdown
Residential
2,466
Single Family
2,438
Multi-Family
28
Businesses
136
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Listed by: Tiffany Pack • Dream Key Real Estate
Mls Name: Strategic MLS Alliance
Mls ID: #522054
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.