3004 Happy Top RdMorrisAL35116
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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 Morris at 3004 Happy Top Rd, Morris, AL, 35116 offers a 7.84% rental yield on a $225,000 purchase with $1,470/mo rent. Total monthly income registers $1,470/mo, and a $1,101/mo payment leaves $102/mo available for distribution. Annual cash flow reaches $1,222/yr on $74,588 to close, and return on cash invested stands at 21.55% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 111.49% and total cumulative return in cash at $83,157. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,470/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
0.73 Acres lot
$N/A/sqft
No HOA
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Listed by: Steve Parker • Keller Williams Realty Hoover
Mls Name: GALMLS
Mls Provider:
Mls ID: #21430180
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