4330 Hathaway LnMount OliveAL35117
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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 Mount Olive at 4330 Hathaway Ln, Mount Olive, AL, 35117 offers a 9.35% rental yield on a $290,000 purchase with $2,260/mo rent. Total monthly income registers $2,260/mo, and a $1,419/mo payment leaves $624/mo available for distribution. Annual cash flow reaches $7,482/yr on $96,135 to close, and return on cash invested stands at 27.69% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,122 over five years. Portfolio math shows five-year ROI at 143.88% and total cumulative return in cash at $138,316. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,260/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
9,147 sqft 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
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Listed by: Josh Vernon • Keller Williams Realty Vestavia
Mls Name: GALMLS
Mls ID: #21439680