10475 Padgett Switch RdIrvingtonAL36544
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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 Irvington at 10475 Padgett Switch Rd, Irvington, AL, 36544 uses $85,660 cash to close to unlock $5,390/yr annual cash flow and $449/mo monthly cash flow. Total monthly income runs $1,908/mo, and a $1,265/mo payment keeps the spread at $449/mo. Purchase price stands at $258,400, and rental yield measures 8.86% with $1,908/mo rent. Return on cash invested shows 26.2% in year one, and 5% annual appreciation builds toward $71,391 over five years. Five-year ROI reaches 135.91% and total cumulative return in cash records $116,419. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,908/mo property income covering a $1,265/mo payment rather than investor’s personal income.
Single Family
Built in 1966
18.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36544, Irvington, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,975 (100%) |
| Owner Occupied HU | 3,509 (70.5%) |
| Renter Occupied HU | 1,040 (20.9%) |
| Vacant Housing Units | 426 ( 8.6%) |
| Median Home Value | $205,366 |
| Average Home Value | $228,197 |
Housing Distribution
Address Breakdown
Residential
4,203
Single Family
4,133
Multi-Family
70
Businesses
189
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