6855 Highway 187HodgesAL35571
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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 Hodges at 6855 Highway 187, Hodges, AL, 35571 generates $1,118/mo in rent, after a $2,080/mo payment. Total monthly income is $1,118/mo. Return on cash invested sits at 9% in year one, and rental yield is 3.16% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 43.66% and total cumulative return in cash sums $61,505. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,118/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35571, Hodges, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 512 (100%) |
| Owner Occupied HU | 349 (68.2%) |
| Renter Occupied HU | 63 (12.3%) |
| Vacant Housing Units | 100 (19.5%) |
| Median Home Value | $125,543 |
| Average Home Value | $144,241 |
Housing Distribution
Address Breakdown
Residential
442
Single Family
442
Multi-Family
0
Businesses
24
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