905 Ronnie DrHartselleAL35630
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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
Investment property for sale in Hartselle at 905 Ronnie Dr, Hartselle, AL, 35630 offers a 7.01% rental yield on a $339,180 purchase with $1,980/mo rent. Total monthly income registers $1,980/mo, and a $1,660/mo payment leaves $37/mo available for distribution. Annual cash flow reaches $442/yr on $112,438 to close, and return on cash invested stands at 20.3% in year one. Equity gained on principal adds $2,189/yr while 5% annual appreciation supports $93,709 over five years. Portfolio math shows five-year ROI at 104.34% and total cumulative return in cash at $117,313. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,980/mo property income against a $1,660/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
9,147 sqft lot
$N/A/sqft
$345 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35630, Florence, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,154 (100%) |
| Owner Occupied HU | 6,455 (37.6%) |
| Renter Occupied HU | 8,765 (51.1%) |
| Vacant Housing Units | 1,934 (11.3%) |
| Median Home Value | $192,213 |
| Average Home Value | $243,941 |
Housing Distribution
Address Breakdown
Residential
15,486
Single Family
13,092
Multi-Family
2,394
Businesses
1,907
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Nearby investment properties with comparable prices
Listed by: Campbell McCoy • Davidson Homes LLC 4
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21885066
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