7143 Hickory Cove WayGurleyAL35748
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 Gurley at 7143 Hickory Cove Way, Gurley, AL, 35748 offers a 4.62% rental yield on a $498,950 purchase with $1,920/mo rent. 04% in year one. Equity gained on principal adds $3,220/yr while 5% annual appreciation supports $137,851 over five years. Portfolio math shows five-year ROI at 65.44% and total cumulative return in cash at $108,242. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,920/mo property income against a $2,442/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.43 Acres lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35748, Gurley, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,025 (100%) |
| Owner Occupied HU | 2,401 (79.4%) |
| Renter Occupied HU | 401 (13.3%) |
| Vacant Housing Units | 223 ( 7.4%) |
| Median Home Value | $349,460 |
| Average Home Value | $368,948 |
Housing Distribution
Address Breakdown
Residential
3,466
Single Family
3,466
Multi-Family
0
Businesses
123
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Nearby investment properties with comparable prices
Listed by: Tracey Duncan • DSLD Homes Gulf Coast LLC
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21865231
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