115 Mockingbird LnHaydenAL35079
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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 Hayden at 115 Mockingbird Ln, Hayden, AL, 35079 uses $44,719 cash to close to unlock $3,706/yr annual cash flow and $309/mo monthly cash flow. Total monthly income runs $1,070/mo, and a $660/mo payment keeps the spread at $309/mo. Purchase price stands at $134,900, and rental yield measures 9.52% with $1,070/mo rent. Return on cash invested shows 28.2% in year one, and 5% annual appreciation builds toward $37,270 over five years. Five-year ROI reaches 146.55% and total cumulative return in cash records $65,537. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,070/mo property income covering a $660/mo payment rather than investor’s personal income.
Manufactured
Built in 2017
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35079, Hayden, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,908 (100%) |
| Owner Occupied HU | 3,088 (79.0%) |
| Renter Occupied HU | 442 (11.3%) |
| Vacant Housing Units | 378 ( 9.7%) |
| Median Home Value | $205,744 |
| Average Home Value | $222,665 |
Housing Distribution
Address Breakdown
Residential
3,866
Single Family
3,800
Multi-Family
66
Businesses
138
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Listed by: Andrea Rouse • RE/MAX on Main
Mls Name: GALMLS
Mls Provider:
Mls ID: #21404153
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.