688 Hamilton Mountain RdBlountsvilleAL35031
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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 Blountsville at 688 Hamilton Mountain Rd, Blountsville, AL, 35031 offers $1,880/mo rent that, after a $1,219/mo payment, leaves $474/mo cash flow. Total monthly income is $1,880/mo, and annual cash flow is $5,691/yr on $82,544 cash. Return on cash invested measures 26.8% in year one, and rental yield stands at 9.06% at a $249,000 entry. Equity gained on principal adds $1,607/yr while 5% annual appreciation compounds into $68,794 by year five. Five-year ROI records 139.14% and total cumulative return in cash reaches $114,848. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,880/mo property income versus a $1,219/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
7.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35031, Blountsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,719 (100%) |
| Owner Occupied HU | 2,508 (67.4%) |
| Renter Occupied HU | 795 (21.4%) |
| Vacant Housing Units | 416 (11.2%) |
| Median Home Value | $174,319 |
| Average Home Value | $219,368 |
Housing Distribution
Address Breakdown
Residential
3,265
Single Family
3,265
Multi-Family
0
Businesses
139
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Listed by: Lana Mcalpin • Sweet Homelife
Mls Name: GALMLS
Mls Provider:
Mls ID: #21391173
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.