111 Ridgecrest DrAndalusiaAL36421
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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 Andalusia at 111 Ridgecrest Dr, Andalusia, AL, 36421 earns $83/mo cash flow from $1,943/mo rent with a $1,613/mo payment. Total monthly income totals $1,943/mo, and annual cash flow totals $995/yr on $109,229 capital. ROI tracks 20.82% on current figures, and rental yield reads 7.08% at a $329,500 purchase. Equity gained on principal adds $2,126/yr, and 5% annual appreciation supports $91,035 over five years. Five-year ROI reaches 107% and total cumulative return in cash sums $116,878. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,943/mo property income instead of your personal income.
Single Family
Built in 1978
1.13 Acres lot
$N/A/sqft
No HOA
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Listed by: Wynne W. Glenn • BASS AGENCY REAL ESTATE
Mls Name: Covington AOR
Mls Provider:
Mls ID: #25153
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.