122 Ridgewood DrDaphneAL36526
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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 Daphne at 122 Ridgewood Dr, Daphne, AL, 36526 at $281,500 posts ROI 27.3% with $575/mo cash flow from $2,224/mo rent. Total monthly income equals $2,224/mo, and annual cash flow records $6,899/yr on $93,317 to close. Return on cash invested measures 27.3% and rental yield reads 9.48% at the current $281,500. Equity gained on principal adds $1,816/yr, and 5% annual appreciation supports $77,773 by year five. Five-year ROI prints 142.04% and total cumulative return in cash totals $132,552.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,224/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1978
10,715 sqft lot
$N/A/sqft
$60 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36526, Daphne, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,899 (100%) |
| Owner Occupied HU | 12,007 (67.1%) |
| Renter Occupied HU | 4,253 (23.8%) |
| Vacant Housing Units | 1,639 ( 9.2%) |
| Median Home Value | $350,867 |
| Average Home Value | $399,652 |
Housing Distribution
Address Breakdown
Residential
16,538
Single Family
14,571
Multi-Family
1,967
Businesses
1,632
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Listed by: Jaime Cooper • EXIT Realty Lyon & Assoc.Fhope
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #366901
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.