470 Hazelmier RdMount VernonAL36560
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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 Mount Vernon at 470 Hazelmier Rd, Mount Vernon, AL, 36560 generates $2,197/mo in rent and, after a $1,176/mo payment, leaves $841/mo in cash flow. Total monthly income is $2,197/mo, and annual cash flow is $10,090/yr on $79,651 invested. Return on cash invested sits at 32.58% in year one, and rental yield is 10.97% on a $240,275 entry. Equity gained on principal adds $1,550/yr, while 5% annual appreciation builds toward $66,384 over five years. Five-year ROI reaches 170.05% and total cumulative return in cash sums $135,449. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,197/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36560, Mount Vernon, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,548 (100%) |
| Owner Occupied HU | 1,056 (68.2%) |
| Renter Occupied HU | 261 (16.9%) |
| Vacant Housing Units | 231 (14.9%) |
| Median Home Value | $114,953 |
| Average Home Value | $151,998 |
Housing Distribution
Address Breakdown
Residential
972
Single Family
972
Multi-Family
0
Businesses
82
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Listed by: Shundra Barnes • IXL Real Estate North
Mls Name: GCMLS
Mls Provider:
Mls ID: #7506902
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.