4564 W Hickory Grove RdLetohatcheeAL36047
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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 Letohatchee at 4564 W Hickory Grove Rd, Letohatchee, AL, 36047 offers a 0% rental yield on a $339,000 purchase with $0/mo rent. 52% in year one. Equity gained on principal adds $2,188/yr while 5% annual appreciation supports $93,659 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,659/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36047, Letohatchee, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 723 (100%) |
| Owner Occupied HU | 502 (69.4%) |
| Renter Occupied HU | 131 (18.1%) |
| Vacant Housing Units | 90 (12.4%) |
| Median Home Value | $115,441 |
| Average Home Value | $175,269 |
Housing Distribution
Address Breakdown
Residential
552
Single Family
552
Multi-Family
0
Businesses
17
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Listed by: Jennifer Sexton • First Call Realty of Montg
Mls Name: MAAR
Mls ID: #580526