40 Hatcher AveAshfordAL36312
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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 Ashford at 40 Hatcher Ave, Ashford, AL, 36312 priced at $120,000 converts $962/mo rent into $285/mo cash flow after a $587/mo obligation. Total monthly income equals $962/mo, and annual cash flow totals $3,420/yr on $39,780 invested. Return on cash invested prints 28.51% in year one, and rental yield reads 9.62% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 148.25% and total cumulative return in cash sums $58,975. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $962/mo property income covering a $587/mo payment, not borrower’s personal income.
Manufactured
Built in 2008
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36312, Ashford, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,977 (100%) |
| Owner Occupied HU | 2,019 (67.8%) |
| Renter Occupied HU | 690 (23.2%) |
| Vacant Housing Units | 268 ( 9.0%) |
| Median Home Value | $217,007 |
| Average Home Value | $245,414 |
Housing Distribution
Address Breakdown
Residential
2,682
Single Family
2,676
Multi-Family
6
Businesses
124
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Listed by: Cristi Dean • Keller Williams Southeast Alabama
Mls Name: SAMLS
Mls ID: #203411
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.