196 Sunset DrHarpersvilleAL35078
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 196 Sunset Dr, Harpersville, AL, 35078 in Harpersville hard to pass up. The 15.37% gross yield on a $119,000 purchase results in $1,524/mo in rent and $852/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.85). Annual cash flow of $10,228, five-year appreciation of $32,878, and $1,096/yr in equity build-up combine for a projected total cumulative return of $99,713.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 15.4% | 6.2% |
| Monthly Cash Flow | $852 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,524 |
| Total Monthly Debt Service | $624 |
| DSCR Ratio | 2.44x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1964
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35078, Harpersville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 950 (100%) |
| Owner Occupied HU | 694 (73.1%) |
| Renter Occupied HU | 139 (14.6%) |
| Vacant Housing Units | 117 (12.3%) |
| Median Home Value | $212,319 |
| Average Home Value | $295,461 |
Housing Distribution
Address Breakdown
Residential
890
Single Family
890
Multi-Family
0
Businesses
85
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
Single Family
Built in 1964
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35078, Harpersville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 950 (100%) |
| Owner Occupied HU | 694 (73.1%) |
| Renter Occupied HU | 139 (14.6%) |
| Vacant Housing Units | 117 (12.3%) |
| Median Home Value | $212,319 |
| Average Home Value | $295,461 |
Housing Distribution
Address Breakdown
Residential
890
Single Family
890
Multi-Family
0
Businesses
85
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marcus Morgan • Sold South Realty
Mls Name: GALMLS
Mls Provider:
Mls ID: #21438203