189 Sweetbay DrMayleneAL35114
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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 Maylene at 189 Sweetbay Dr, Maylene, AL, 35114 with 5% annual appreciation on a $403,100 basis while $2,494/mo rent supports operations. Total monthly income totals $2,494/mo and a $1,973/mo payment preserves $181/mo for cash returns. Annual cash flow comes to $2,177/yr on $133,628 deployed, and return on cash invested reaches 21.54% in year one. Equity gained on principal adds $2,601/yr, and five-year appreciation sums $111,369 alongside rental yield of 7.42%. Five-year ROI measures 111% and total cumulative return in cash totals $148,325.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,494/mo property income versus a $1,973/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Home Type Unknown
Built in 2005
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35114, Maylene, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,770 (100%) |
| Owner Occupied HU | 2,416 (87.2%) |
| Renter Occupied HU | 277 ( 10.0%) |
| Vacant Housing Units | 77 ( 2.8%) |
| Median Home Value | $326,461 |
| Average Home Value | $331,081 |
Housing Distribution
Address Breakdown
Residential
2,784
Single Family
2,784
Multi-Family
0
Businesses
20
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