709 Magnolia Place Ln SWHartselleAL35640
Nearby investment properties with comparable rents
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 709 Magnolia Place Ln SW, Hartselle, AL, 35640 at $299,900 posts ROI 23.48% with $296/mo cash flow from $1,989/mo rent. Total monthly income equals $1,989/mo, and annual cash flow records $3,553/yr on $99,417 to close. Return on cash invested measures 23.48% and rental yield reads 7.96% at the current $299,900. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 by year five. Five-year ROI prints 121.34% and total cumulative return in cash totals $120,628.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,989/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2020
8,712 sqft lot
$N/A/sqft
No 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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