51 Colby WayHaydenAL35079
Nearby investment properties with comparable rents
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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 Hayden at 51 Colby Way, Hayden, AL, 35079 priced at $246,000 converts $2,093/mo rent into $705/mo cash flow after a $1,204/mo obligation. Total monthly income equals $2,093/mo, and annual cash flow totals $8,454/yr on $81,549 invested. Return on cash invested prints 30.28% in year one, and rental yield reads 10.21% against a $246,000 entry. Equity gained on principal adds $1,587/yr, while 5% annual appreciation compiles into $67,965 by year five. Five-year ROI reaches 157.75% and total cumulative return in cash sums $128,642. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,093/mo property income covering a $1,204/mo payment, not borrower’s personal income.
Single Family
Built in 2015
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35079, Hayden, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,908 (100%) |
| Owner Occupied HU | 3,088 (79.0%) |
| Renter Occupied HU | 442 (11.3%) |
| Vacant Housing Units | 378 ( 9.7%) |
| Median Home Value | $205,744 |
| Average Home Value | $222,665 |
Housing Distribution
Address Breakdown
Residential
3,866
Single Family
3,800
Multi-Family
66
Businesses
138
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Listed by: David Franklin • Joseph Carter Realty
Mls Name: GALMLS
Mls Provider:
Mls ID: #21386770
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.