3067 Happy Top RdMorrisAL35116
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3067 Happy Top Rd, Morris, AL, 35116 earns $344/mo cash flow from $1,190/mo rent with a $734/mo payment. Total monthly income totals $1,190/mo, and annual cash flow totals $4,122/yr on $49,725 capital. ROI tracks 28.2% on current figures, and rental yield reads 9.52% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 146.64% and total cumulative return in cash sums $72,918. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,190/mo property income instead of your personal income.
Manufactured
Built in 1991
3 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert Mashburn • Sweet Homelife
Mls Name: GALMLS
Mls Provider:
Mls ID: #21415658
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.