503 College St NWHartselleAL35640
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
Investment Highlights
Rental property for sale in Hartselle at 503 College St NW, Hartselle, AL, 35640 generates $1,390/mo in rent and, after a $1,028/mo payment, leaves $205/mo in cash flow. Total monthly income is $1,390/mo, and annual cash flow is $2,454/yr on $69,615 invested. Return on cash invested sits at 23.43% in year one, and rental yield is 7.94% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 121.07% and total cumulative return in cash sums $84,280. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,390/mo property income rather than buyer’s personal income.
Townhouse
Built in N/A
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Deborah Rena Hill • Foote Hills of Alabama Realty
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21892964
Disclaimer: Properties marked with this icon are provided courtesy of the Valley MLS IDX Database. Some or all of the listings displayed may not belong to the firm whose website is being visited. All information provided is deemed reliable but is not guaranteed and should be independently verified. Copyright 2025 Valley MLS