111 Canyon Dr, Madison, AL, 35756 | $124/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Madison at 111 Canyon Dr, Madison, AL, 35756 generates $2,737/mo in rent and, after a $2,266/mo payment, leaves $124/mo in cash flow. Total monthly income is $2,737/mo, and annual cash flow is $1,485/yr on $153,485 invested. Return on cash invested sits at 20.88% in year one, and rental yield is 7.09% on a $463,000 entry. Equity gained on principal adds $2,988/yr, while 5% annual appreciation builds toward $127,918 over five years. Five-year ROI reaches 107.32% and total cumulative return in cash sums $164,719. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,737/mo property income rather than buyer’s personal income.

Single Family

Built in 2017

9,583 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 35756, Madison, AL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,939 (100%)
Owner Occupied HU	8,528 (71.4%)
Renter Occupied HU	2,284 (19.1%)
Vacant Housing Units	1,127 ( 9.4%)
Median Home Value	$418,344
Average Home Value	$441,883