117 Ridgeway DrMoultonAL35650
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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 Moulton at 117 Ridgeway Dr, Moulton, AL, 35650 with 5% annual appreciation on a $189,900 basis while $1,709/mo rent supports operations. Total monthly income totals $1,709/mo and a $929/mo payment preserves $638/mo for cash returns. Annual cash flow comes to $7,651/yr on $62,952 deployed, and return on cash invested reaches 32.06% in year one. Equity gained on principal adds $1,225/yr, and five-year appreciation sums $52,466 alongside rental yield of 10.8%. Five-year ROI measures 167.34% and total cumulative return in cash totals $105,341.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,709/mo property income versus a $929/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1981
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35650, Moulton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,353 (100%) |
| Owner Occupied HU | 4,537 (71.4%) |
| Renter Occupied HU | 1,280 (20.1%) |
| Vacant Housing Units | 536 ( 8.4%) |
| Median Home Value | $186,944 |
| Average Home Value | $202,211 |
Housing Distribution
Address Breakdown
Residential
6,108
Single Family
6,010
Multi-Family
98
Businesses
528
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