445 Ramsgate Dr, Maylene, AL, 35114 | $62/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1258 sft

2108 Montreat Dr APT B, Vestavia Hills, AL, 35216

2 Bed
1 Bath
828 sft

2311 20th Ave S APT C, Birmingham, AL, 35223

3 Bed
2 Bath
1935 sft

421 13th St, Pleasant Grove, AL, 35127

3 Bed
2 Bath
1411 sft

511 Union Station Pl, Calera, AL, 35040

Nearby investment properties with comparable prices

3 Bed
2 Bath
1806 sft

339 Narrows Dr, Birmingham, AL, 35242

4 Bed
2 Bath
2488 sft

1905 Chandaway Dr, Pelham, AL, 35124

3 Bed
3 Bath
2134 sft

340 Amber Ln, Birmingham, AL, 35226

3 Bed
2 Bath
1405 sft

1041 Sunset Blvd, Birmingham, AL, 35213

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Maylene at 445 Ramsgate Dr, Maylene, AL, 35114 listed at $399,900 pairs $2,319/mo rent with a $1,957/mo payment to leave $62/mo cash flow. Total monthly income runs $2,319/mo, and annual cash flow reaches $745/yr on $132,567 cash to close. Return on cash invested measures 20.47% in year one, and rental yield registers 6.96% at a $399,900 basis. Equity gained on principal adds $2,580/yr, and annual property appreciation at 5% supports $110,485 by year five. Five-year ROI tracks 105.16% and total cumulative return in cash totals $139,412. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,319/mo property income relative to a $1,957/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2008

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 35114, Maylene, AL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,770 (100%)
Owner Occupied HU	2,416 (87.2%)
Renter Occupied HU	277 ( 10.0%)
Vacant Housing Units	77 ( 2.8%)
Median Home Value	$326,461
Average Home Value	$331,081