307 S 2nd AveHartfordAL36344
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 307 S 2nd Ave, Hartford, AL, 36344 in Hartford: $1,422/mo in rent, $287/mo in net income, 8.49% gross yield, 1.57 DSCR, all at $201,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $55,533 in appreciation and $1,851/yr in principal paydown projects total cumulative return of $94,275.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 8.0% |
| Monthly Cash Flow | $287 | $300 |
City averages based on Hartford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,422 |
| Total Monthly Debt Service | $1,055 |
| DSCR Ratio | 1.35x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1957
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36344, Hartford, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,543 (100%) |
| Owner Occupied HU | 1,653 (65.0%) |
| Renter Occupied HU | 581 (22.8%) |
| Vacant Housing Units | 309 (12.2%) |
| Median Home Value | $171,985 |
| Average Home Value | $201,239 |
Housing Distribution
Address Breakdown
Residential
2,463
Single Family
2,407
Multi-Family
56
Businesses
178
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
Single Family
Built in 1957
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36344, Hartford, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,543 (100%) |
| Owner Occupied HU | 1,653 (65.0%) |
| Renter Occupied HU | 581 (22.8%) |
| Vacant Housing Units | 309 (12.2%) |
| Median Home Value | $171,985 |
| Average Home Value | $201,239 |
Housing Distribution
Address Breakdown
Residential
2,463
Single Family
2,407
Multi-Family
56
Businesses
178
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: DAVID E MILLER • UNITED COUNTRY FULFORD REALTY
Mls Name: WBOR
Mls ID: #552063
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.