6345 Harness WayPinsonAL35126
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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
Investment property for sale in Pinson at 6345 Harness Way, Pinson, AL, 35126 with 5% annual appreciation on a $405,000 basis while $2,424/mo rent supports operations. Total monthly income totals $2,424/mo and a $1,982/mo payment preserves $138/mo for cash returns. Annual cash flow comes to $1,659/yr on $134,258 deployed, and return on cash invested reaches 21.14% in year one. Equity gained on principal adds $2,613/yr, and five-year appreciation sums $111,894 alongside rental yield of 7.18%. Five-year ROI measures 108.79% and total cumulative return in cash totals $146,054.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,424/mo property income versus a $1,982/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1999
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35126, Pinson, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,712 (100%) |
| Owner Occupied HU | 6,795 (78.0%) |
| Renter Occupied HU | 1,271 (14.6%) |
| Vacant Housing Units | 646 ( 7.4%) |
| Median Home Value | $230,416 |
| Average Home Value | $250,839 |
Housing Distribution
Address Breakdown
Residential
8,489
Single Family
8,489
Multi-Family
0
Businesses
393
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