720 New Harmony RdClantonAL35045
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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 Clanton at 720 New Harmony Rd, Clanton, AL, 35045 uses $96,102 cash to close to unlock $3,055/yr annual cash flow and $255/mo monthly cash flow. Total monthly income runs $1,891/mo, and a $1,419/mo payment keeps the spread at $255/mo. Purchase price stands at $289,900, and rental yield measures 7.83% with $1,891/mo rent. Return on cash invested shows 23.09% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 119.2% and total cumulative return in cash records $114,549. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,891/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1900
3.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35045, Clanton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,508 (100%) |
| Owner Occupied HU | 4,206 (64.6%) |
| Renter Occupied HU | 1,727 (26.5%) |
| Vacant Housing Units | 575 ( 8.8%) |
| Median Home Value | $184,369 |
| Average Home Value | $199,867 |
Housing Distribution
Address Breakdown
Residential
6,540
Single Family
6,452
Multi-Family
88
Businesses
600
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