103 Canning Pl NWMadisonAL35757
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Madison at 103 Canning Pl NW, Madison, AL, 35757 at $375,000 posts ROI 25.25% with $554/mo cash flow from $2,670/mo rent. Total monthly income equals $2,670/mo, and annual cash flow records $6,645/yr on $124,313 to close. Return on cash invested measures 25.25% and rental yield reads 8.54% at the current $375,000. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 by year five. Five-year ROI prints 130.78% and total cumulative return in cash totals $162,579.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,670/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2018
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35757, Madison, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,348 (100%) |
| Owner Occupied HU | 6,117 (59.1%) |
| Renter Occupied HU | 3,534 (34.2%) |
| Vacant Housing Units | 697 ( 6.7%) |
| Median Home Value | $365,694 |
| Average Home Value | $430,830 |
Housing Distribution
Address Breakdown
Residential
9,317
Single Family
8,952
Multi-Family
365
Businesses
163
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