591 Nix 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 591 Nix Rd, Hazel Green, AL, 35750 priced at $658,000 converts $2,866/mo rent into after a $3,221/mo obligation. Total monthly income equals $2,866/mo. Return on cash invested prints 15.36% in year one, and rental yield reads 5.23% against a $658,000 entry. Equity gained on principal adds $4,246/yr, while 5% annual appreciation compiles into $181,793 by year five. Five-year ROI reaches 77.68% and total cumulative return in cash sums $168,173. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,866/mo property income covering a $3,221/mo payment, not borrower’s personal income.
Single Family
Built in 2016
4.40 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: Terri Burkholder • Flo Burkholder Realty, Inc.
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21888036
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