60 Bailey WayHaydenAL35079
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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 Hayden at 60 Bailey Way, Hayden, AL, 35079 offers a 9.32% rental yield on a $120,000 purchase with $932/mo rent. Total monthly income registers $932/mo, and a $587/mo payment leaves $255/mo available for distribution. Annual cash flow reaches $3,060/yr on $39,780 to close, and return on cash invested stands at 27.6% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,154 over five years. Portfolio math shows five-year ROI at 143.34% and total cumulative return in cash at $57,019. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $932/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2001
1.70 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: Michele Jennings • Keller Williams Metro North
Mls Name: GALMLS
Mls Provider:
Mls ID: #21405698
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.