2488 Mikell RdHaydenAL35079
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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 2488 Mikell Rd, Hayden, AL, 35079 listed at $239,900 pairs $1,872/mo rent with a $1,174/mo payment to leave $518/mo cash flow. Total monthly income runs $1,872/mo, and annual cash flow reaches $6,217/yr on $79,527 cash to close. Return on cash invested measures 27.73% in year one, and rental yield registers 9.36% at a $239,900 basis. Equity gained on principal adds $1,548/yr, and annual property appreciation at 5% supports $66,280 by year five. Five-year ROI tracks 144.11% and total cumulative return in cash totals $114,607. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,872/mo property income relative to a $1,174/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
1.39 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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