545 Ramsgate Dr, Maylene, AL, 35114 | 4.83% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Maylene at 545 Ramsgate Dr, Maylene, AL, 35114 priced at $656,167 converts $2,640/mo rent into after a $3,212/mo obligation. Total monthly income equals $2,640/mo. Return on cash invested prints 14.15% in year one, and rental yield reads 4.83% against a $656,167 entry. Equity gained on principal adds $4,234/yr, while 5% annual appreciation compiles into $181,287 by year five. Five-year ROI reaches 71.17% and total cumulative return in cash sums $153,642. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,640/mo property income covering a $3,212/mo payment, not borrower’s personal income.

Single Family

Built in 2025

8,712 sqft lot

$N/A/sqft

No 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