1029 Washington DrMoodyAL35004
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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 Moody at 1029 Washington Dr, Moody, AL, 35004 generates $1,782/mo in rent and, after a $1,101/mo payment, leaves $512/mo in cash flow. Total monthly income is $1,782/mo, and annual cash flow is $6,147/yr on $74,588 invested. Return on cash invested sits at 28.15% in year one, and rental yield is 9.5% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 146.37% and total cumulative return in cash sums $109,173. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,782/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35004, Moody, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,250 (100%) |
| Owner Occupied HU | 3,906 (74.4%) |
| Renter Occupied HU | 1,142 (21.8%) |
| Vacant Housing Units | 202 ( 3.8%) |
| Median Home Value | $231,727 |
| Average Home Value | $257,922 |
Housing Distribution
Address Breakdown
Residential
4,945
Single Family
4,614
Multi-Family
331
Businesses
402
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