4190 Hathaway LnMount OliveAL35117
Nearby investment properties with comparable rents
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 Mount Olive at 4190 Hathaway Ln, Mount Olive, AL, 35117 uses $78,201 cash to close to unlock $3,589/yr annual cash flow and $299/mo monthly cash flow. Total monthly income runs $1,631/mo, and a $1,155/mo payment keeps the spread at $299/mo. Purchase price stands at $235,900, and rental yield measures 8.3% with $1,631/mo rent. Return on cash invested shows 24.5% in year one, and 5% annual appreciation builds toward $65,175 over five years. Five-year ROI reaches 126.8% and total cumulative return in cash records $99,155. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,631/mo property income covering a $1,155/mo payment rather than investor’s personal income.
Single Family
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35117, Mount Olive, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,686 (100%) |
| Owner Occupied HU | 2,258 (84.1%) |
| Renter Occupied HU | 289 (10.8%) |
| Vacant Housing Units | 139 ( 5.2%) |
| Median Home Value | $290,234 |
| Average Home Value | $310,559 |
Housing Distribution
Address Breakdown
Residential
2,629
Single Family
2,629
Multi-Family
0
Businesses
55
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andrea Rouse • RE/MAX on Main
Mls Name: GALMLS
Mls ID: #21431841