0 Hiram LnOakmanAL35579
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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
Rental property for sale in Oakman at 0 Hiram Ln, Oakman, AL, 35579 generates $1,120/mo in rent, after a $1,224/mo payment. Total monthly income is $1,120/mo. Return on cash invested sits at 15.69% in year one, and rental yield is 5.38% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 79.52% and total cumulative return in cash sums $65,902. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,120/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35579, Oakman, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,380 (100%) |
| Owner Occupied HU | 973 (70.5%) |
| Renter Occupied HU | 226 (16.4%) |
| Vacant Housing Units | 181 (13.1%) |
| Median Home Value | $124,693 |
| Average Home Value | $169,694 |
Housing Distribution
Address Breakdown
Residential
1,282
Single Family
1,239
Multi-Family
43
Businesses
53
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Listed by: Elise McKenna Little • Keller Williams-Jasper
Mls Name: Walker County Area MLS
Mls ID: #25-107
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. Copyright 2025 Walker County Area MLS, All rights reserved.