104 Lamirda CtHazel GreenAL35750
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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 Hazel Green at 104 Lamirda Ct, Hazel Green, AL, 35750 with 5% annual appreciation on a $215,400 basis while $1,948/mo rent supports operations. Total monthly income totals $1,948/mo and a $1,054/mo payment preserves $732/mo for cash returns. Annual cash flow comes to $8,789/yr on $71,405 deployed, and return on cash invested reaches 32.22% in year one. Equity gained on principal adds $1,390/yr, and five-year appreciation sums $59,511 alongside rental yield of 10.85%. Five-year ROI measures 168.17% and total cumulative return in cash totals $120,079.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,948/mo property income versus a $1,054/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1998
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35750, Hazel Green, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,263 (100%) |
| Owner Occupied HU | 4,920 (78.6%) |
| Renter Occupied HU | 1,042 (16.6%) |
| Vacant Housing Units | 301 ( 4.8%) |
| Median Home Value | $252,241 |
| Average Home Value | $279,997 |
Housing Distribution
Address Breakdown
Residential
6,529
Single Family
6,529
Multi-Family
0
Businesses
321
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Listed by: Julie Perry • ERA King Real Estate Company
Mls Name: ValleyMLS
Mls ID: #21906393