261 Laid Back LnHazel 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
Rental property for sale in Hazel Green at 261 Laid Back Ln, Hazel Green, AL, 35750 offers $1,948/mo rent that, after a $1,184/mo payment, leaves $583/mo cash flow. Total monthly income is $1,948/mo, and annual cash flow is $6,990/yr on $80,223 cash. Return on cash invested measures 28.62% in year one, and rental yield stands at 9.66% at a $242,000 entry. Equity gained on principal adds $1,562/yr while 5% annual appreciation compounds into $66,860 by year five. Five-year ROI records 148.87% and total cumulative return in cash reaches $119,430. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,948/mo property income versus a $1,184/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.38 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: Scott Hyatt • Dynasty Real Estate Services
Mls Name: ValleyMLS
Mls ID: #21899328