198 Mill Keys RdHazel 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 198 Mill Keys Rd, Hazel Green, AL, 35750 uses $84,533 cash to close to unlock $8,319/yr annual cash flow and $693/mo monthly cash flow. Total monthly income runs $2,192/mo, and a $1,248/mo payment keeps the spread at $693/mo. Purchase price stands at $255,000, and rental yield measures 10.32% with $2,192/mo rent. Return on cash invested shows 29.75% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 155.24% and total cumulative return in cash records $131,228. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,192/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 2005
0.50 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: Rachel Erwin • Matt Curtis Real Estate, Inc.
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21895050
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