253 Cox Cove 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
Rental property for sale in Hayden at 253 Cox Cove Rd, Hayden, AL, 35079 offers $2,034/mo rent that, after a $1,131/mo payment, leaves $730/mo cash flow. Total monthly income is $2,034/mo, and annual cash flow is $8,757/yr on $76,577 cash. Return on cash invested measures 31.34% in year one, and rental yield stands at 10.57% at a $231,000 entry. Equity gained on principal adds $1,491/yr while 5% annual appreciation compounds into $63,821 by year five. Five-year ROI records 163.46% and total cumulative return in cash reaches $125,169. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,034/mo property income versus a $1,131/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
1.34 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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Listed by: John Clark • LAH Sotheby's International Realty Homewood
Mls Name: GALMLS
Mls Provider:
Mls ID: #21412890
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.