629 Round RdMayleneAL35114
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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 Maylene at 629 Round Rd, Maylene, AL, 35114 generates $2,113/mo in rent and, after a $1,542/mo payment, leaves $288/mo in cash flow. Total monthly income is $2,113/mo, and annual cash flow is $3,459/yr on $104,423 invested. Return on cash invested sits at 23.22% in year one, and rental yield is 8.05% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 120.12% and total cumulative return in cash sums $125,429. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,113/mo property income rather than buyer’s personal income.
Single Family
Built in 2015
7,405 sqft lot
$N/A/sqft
$385 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: Ashanti Seals • Keller Williams Realty Vestavia
Mls Name: GALMLS
Mls Provider:
Mls ID: #21426742
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.