2089 Elkwood Section RdHazel GreenAL35750
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Nearby investment properties with comparable prices
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 2089 Elkwood Section Rd, Hazel Green, AL, 35750 offers a 9.02% rental yield on a $120,000 purchase with $902/mo rent. Total monthly income registers $902/mo, and a $587/mo payment leaves $225/mo available for distribution. Annual cash flow reaches $2,700/yr on $39,780 to close, and return on cash invested stands at 26.7% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,154 over five years. Portfolio math shows five-year ROI at 138.51% and total cumulative return in cash at $55,099. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $902/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.70 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: Frances Scheuermann • JMG Alabama LLC
Mls Name: ValleyMLS
Mls ID: #21899202