493 Lake Ridge RdHope HullAL36043
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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 Hope Hull at 493 Lake Ridge Rd, Hope Hull, AL, 36043 earns from $0/mo rent with a $5,869/mo payment. Total monthly income totals $0/mo. ROI tracks -0.54% on current figures, and rental yield reads 0% at a $1,199,000 purchase. Equity gained on principal adds $7,737/yr, and 5% annual appreciation supports $331,262 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 2019
20.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36043, Hope Hull, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,576 (100%) |
| Owner Occupied HU | 1,186 (75.3%) |
| Renter Occupied HU | 251 (15.9%) |
| Vacant Housing Units | 139 ( 8.8%) |
| Median Home Value | $239,308 |
| Average Home Value | $283,501 |
Housing Distribution
Address Breakdown
Residential
1,545
Single Family
1,545
Multi-Family
0
Businesses
102
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices