115 Windsor Ridge DrPelhamAL35124
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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
Rental property for sale in Pelham at 115 Windsor Ridge Dr, Pelham, AL, 35124 priced at $234,500 pairs $2,315/mo rent with $861/mo cash flow after a $1,148/mo payment. Total monthly income equals $2,315/mo, and annual cash flow comes to $10,332/yr on $77,737 invested. Return on cash invested is 33.2% in year one, and rental yield stands at 11.85% on a $234,500 basis. Equity gained on principal adds $1,513/yr, and 5% annual appreciation accumulates to $64,788 by year five. Five-year ROI measures 174.13% and total cumulative return in cash reaches $135,364. For financing, Ziffy Mortgage’s DSCR program evaluates $2,315/mo property income against a $1,148/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1997
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35124, Pelham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,280 (100%) |
| Owner Occupied HU | 8,765 (77.7%) |
| Renter Occupied HU | 2,140 (19.0%) |
| Vacant Housing Units | 375 ( 3.3%) |
| Median Home Value | $337,511 |
| Average Home Value | $374,292 |
Housing Distribution
Address Breakdown
Residential
11,011
Single Family
10,486
Multi-Family
525
Businesses
1,614
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