533 Ramsgate DrMayleneAL35114
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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 Maylene at 533 Ramsgate Dr, Maylene, AL, 35114 with 5% annual appreciation on a $652,266 basis while $3,426/mo rent supports operations. 47% in year one. Equity gained on principal adds $4,209/yr, and five-year appreciation sums $180,209 alongside rental yield of 6.3%. Five-year ROI measures 94.43% and total cumulative return in cash totals $202,637. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,426/mo property income versus a $3,193/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
7,840 sqft lot
$N/A/sqft
$340 annually 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 |
Housing Distribution
Address Breakdown
Residential
2,784
Single Family
2,784
Multi-Family
0
Businesses
20
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Listed by: Thomas Gamble • Embridge Realty, LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21389392
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.