502 Cedar St NWHartselleAL35640
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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 Hartselle at 502 Cedar St NW, Hartselle, AL, 35640 offers $1,556/mo rent that, after a $968/mo payment, leaves $440/mo cash flow. Total monthly income is $1,556/mo, and annual cash flow is $5,277/yr on $65,538 cash. Return on cash invested measures 27.96% in year one, and rental yield stands at 9.44% at a $197,700 entry. Equity gained on principal adds $1,276/yr while 5% annual appreciation compounds into $54,621 by year five. Five-year ROI records 145.32% and total cumulative return in cash reaches $95,238. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,556/mo property income versus a $968/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35640, Hartselle, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,314 (100%) |
| Owner Occupied HU | 8,125 (71.8%) |
| Renter Occupied HU | 2,417 (21.4%) |
| Vacant Housing Units | 772 ( 6.8%) |
| Median Home Value | $278,919 |
| Average Home Value | $309,046 |
Housing Distribution
Address Breakdown
Residential
11,107
Single Family
10,956
Multi-Family
151
Businesses
756
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