496 Ready Section RdHazel GreenAL35750
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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 Hazel Green at 496 Ready Section Rd, Hazel Green, AL, 35750 priced at $120,000 converts $922/mo rent into $245/mo cash flow after a $587/mo obligation. Total monthly income equals $922/mo, and annual cash flow totals $2,940/yr on $39,780 invested. Return on cash invested prints 27.3% in year one, and rental yield reads 9.22% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 141.74% and total cumulative return in cash sums $56,383. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $922/mo property income covering a $587/mo payment, not borrower’s personal income.
Manufactured
Built in 1987
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35750, Hazel Green, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,263 (100%) |
| Owner Occupied HU | 4,920 (78.6%) |
| Renter Occupied HU | 1,042 (16.6%) |
| Vacant Housing Units | 301 ( 4.8%) |
| Median Home Value | $252,241 |
| Average Home Value | $279,997 |
Housing Distribution
Address Breakdown
Residential
6,529
Single Family
6,529
Multi-Family
0
Businesses
321
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Listed by: Carla Morell • Dream Key Real Estate, LLC
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21889911
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