669 Morris RdToneyAL35773
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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 Toney at 669 Morris Rd, Toney, AL, 35773 offers a 12.19% rental yield on a $127,000 purchase with $1,290/mo rent. Total monthly income registers $1,290/mo, and a $622/mo payment leaves $573/mo available for distribution. Annual cash flow reaches $6,873/yr on $42,101 to close, and return on cash invested stands at 36.23% in year one. Equity gained on principal adds $820/yr while 5% annual appreciation supports $35,088 over five years. Portfolio math shows five-year ROI at 189.68% and total cumulative return in cash at $79,857. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,290/mo property income against a $622/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35773, Toney, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,984 (100%) |
| Owner Occupied HU | 4,797 (80.2%) |
| Renter Occupied HU | 842 (14.1%) |
| Vacant Housing Units | 345 ( 5.8%) |
| Median Home Value | $288,999 |
| Average Home Value | $321,629 |
Housing Distribution
Address Breakdown
Residential
5,954
Single Family
5,954
Multi-Family
0
Businesses
171
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