746 Skyline DrHamiltonAL35570
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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
Rental property for sale in Hamilton at 746 Skyline Dr, Hamilton, AL, 35570 priced at $152,500 pairs $1,645/mo rent with $785/mo cash flow after a $746/mo payment. Total monthly income equals $1,645/mo, and annual cash flow comes to $9,416/yr on $50,554 invested. Return on cash invested is 38.53% in year one, and rental yield stands at 12.94% on a $152,500 basis. Equity gained on principal adds $984/yr, and 5% annual appreciation accumulates to $42,133 by year five. Five-year ROI measures 202.05% and total cumulative return in cash reaches $102,143. For financing, Ziffy Mortgage’s DSCR program evaluates $1,645/mo property income against a $746/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1973
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35570, Hamilton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,983 (100%) |
| Owner Occupied HU | 2,925 (58.7%) |
| Renter Occupied HU | 1,417 (28.4%) |
| Vacant Housing Units | 641 (12.9%) |
| Median Home Value | $130,580 |
| Average Home Value | $169,512 |
Housing Distribution
Address Breakdown
Residential
4,583
Single Family
4,447
Multi-Family
136
Businesses
428
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Listed by: Devin Battles • RE/MAX Tri-State
Mls Name: Strategic MLS Alliance
Mls ID: #518656
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.