108 Glouster CirMadisonAL35757
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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 Madison at 108 Glouster Cir, Madison, AL, 35757 uses $98,456 cash to close to unlock $546/yr annual cash flow and $45/mo monthly cash flow. Total monthly income runs $1,770/mo, and a $1,454/mo payment keeps the spread at $45/mo. Purchase price stands at $297,000, and rental yield measures 7.15% with $1,770/mo rent. Return on cash invested shows 20.46% in year one, and 5% annual appreciation builds toward $82,056 over five years. Five-year ROI reaches 105.32% and total cumulative return in cash records $103,698. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,770/mo property income covering a $1,454/mo payment rather than investor’s personal income.
Single Family
Built in 1995
0.29 Acres 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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Listed by: Darlene Davis • Doublehead Realty
Mls Name: Strategic MLS Alliance
Mls ID: #521874
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.