279 Hobb Ward RdHartselleAL35640
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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
Rental property for sale in Hartselle at 279 Hobb Ward Rd, Hartselle, AL, 35640 generates $1,404/mo in rent and, after a $876/mo payment, leaves $394/mo in cash flow. Total monthly income is $1,404/mo, and annual cash flow is $4,725/yr on $59,339 invested. Return on cash invested sits at 27.87% in year one, and rental yield is 9.41% on a $179,000 entry. Equity gained on principal adds $1,155/yr, while 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 144.84% and total cumulative return in cash sums $85,947. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,404/mo property income rather than buyer’s personal income.
Manufactured
Built in 2001
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35640, Hartselle, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,314 (100%) |
| Owner Occupied HU | 8,125 (71.8%) |
| Renter Occupied HU | 2,417 (21.4%) |
| Vacant Housing Units | 772 ( 6.8%) |
| Median Home Value | $278,919 |
| Average Home Value | $309,046 |
Housing Distribution
Address Breakdown
Residential
11,107
Single Family
10,956
Multi-Family
151
Businesses
756
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