4487 Middle StMulgaAL35118
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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 Mulga at 4487 Middle St, Mulga, AL, 35118 uses $43,062 cash to close to unlock $2,996/yr annual cash flow and $250/mo monthly cash flow. Total monthly income runs $1,000/mo, and a $636/mo payment keeps the spread at $250/mo. Purchase price stands at $129,900, and rental yield measures 9.24% with $1,000/mo rent. Return on cash invested shows 26.87% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 139.66% and total cumulative return in cash records $60,139. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,000/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in 1910
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35118, Mulga, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,410 (100%) |
| Owner Occupied HU | 1,046 (74.2%) |
| Renter Occupied HU | 230 (16.3%) |
| Vacant Housing Units | 134 ( 9.5%) |
| Median Home Value | $198,759 |
| Average Home Value | $232,703 |
Housing Distribution
Address Breakdown
Residential
1,383
Single Family
1,383
Multi-Family
0
Businesses
63
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Listed by: Kimberly Wilson • Keller Williams Realty Vestavia
Mls Name: GALMLS
Mls Provider:
Mls ID: #21403901
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.