604 Magnolia Place Ln SWHartselleAL35640
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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
Investment property for sale in Hartselle at 604 Magnolia Place Ln SW, Hartselle, AL, 35640 offers a 6.05% rental yield on a $329,983 purchase with $1,664/mo rent. 53% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,168 over five years. Portfolio math shows five-year ROI at 89.42% and total cumulative return in cash at $97,817. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,664/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
7,140 sqft lot
$N/A/sqft
$225 annually 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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Listed by: Jeremy Jones • Parker Real Estate Res.LLC
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21891537
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