566 Davis Spur 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
Rental property for sale in Hope Hull at 566 Davis Spur Rd, Hope Hull, AL, 36043 priced at $345,000 converts $2,428/mo rent into $480/mo cash flow after a $1,689/mo obligation. Total monthly income equals $2,428/mo, and annual cash flow totals $5,763/yr on $114,368 invested. Return on cash invested prints 24.95% in year one, and rental yield reads 8.45% against a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation compiles into $95,317 by year five. Five-year ROI reaches 129.18% and total cumulative return in cash sums $147,736. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,428/mo property income covering a $1,689/mo payment, not borrower’s personal income.
Single Family
Built in 1994
1.05 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
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