568 N Morris StHartfordAL36375
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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 Hartford at 568 N Morris St, Hartford, AL, 36375 offers $2,720/mo rent that, after a $1,747/mo payment, leaves $705/mo cash flow. Total monthly income is $2,720/mo, and annual cash flow is $8,463/yr on $118,346 cash. Return on cash invested measures 27.06% in year one, and rental yield stands at 9.14% at a $357,000 entry. Equity gained on principal adds $2,304/yr while 5% annual appreciation compounds into $98,633 by year five. Five-year ROI records 140.5% and total cumulative return in cash reaches $166,276. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,720/mo property income versus a $1,747/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36375, Slocomb, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,600 (100%) |
| Owner Occupied HU | 2,392 (66.4%) |
| Renter Occupied HU | 719 (20.0%) |
| Vacant Housing Units | 489 (13.6%) |
| Median Home Value | $145,968 |
| Average Home Value | $176,801 |
Housing Distribution
Address Breakdown
Residential
3,354
Single Family
3,327
Multi-Family
27
Businesses
172
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