251 Johnson DrHaleyvilleAL35565
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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
Rental property for sale in Haleyville at 251 Johnson Dr, Haleyville, AL, 35565 priced at $199,500 converts $1,405/mo rent into $279/mo cash flow after a $976/mo obligation. Total monthly income equals $1,405/mo, and annual cash flow totals $3,352/yr on $66,134 invested. Return on cash invested prints 24.98% in year one, and rental yield reads 8.45% against a $199,500 entry. Equity gained on principal adds $1,287/yr, while 5% annual appreciation compiles into $55,118 by year five. Five-year ROI reaches 129.35% and total cumulative return in cash sums $85,543. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,405/mo property income covering a $976/mo payment, not borrower’s personal income.
Manufactured
Built in 2006
7 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35565, Haleyville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,549 (100%) |
| Owner Occupied HU | 4,032 (61.6%) |
| Renter Occupied HU | 1,479 (22.6%) |
| Vacant Housing Units | 1,038 (15.8%) |
| Median Home Value | $120,041 |
| Average Home Value | $172,852 |
Housing Distribution
Address Breakdown
Residential
5,748
Single Family
5,482
Multi-Family
266
Businesses
462
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Listed by: Reba Hicks • EXIT Realty 9-1-1
Mls Name: Walker County Area MLS
Mls ID: #25-1867