122 Taylor Ridge RdLeesburgAL35983
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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 Leesburg at 122 Taylor Ridge Rd, Leesburg, AL, 35983 offers $1,897/mo rent that, after a $1,272/mo payment, leaves $346/mo cash flow. Total monthly income is $1,897/mo, and annual cash flow is $4,152/yr on $86,157 cash. Return on cash invested measures 24.73% in year one, and rental yield stands at 8.76% at a $259,900 entry. Equity gained on principal adds $1,677/yr while 5% annual appreciation compounds into $71,806 by year five. Five-year ROI records 128.44% and total cumulative return in cash reaches $110,662. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,897/mo property income versus a $1,272/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35983, Leesburg, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,164 (100%) |
| Owner Occupied HU | 1,245 (57.5%) |
| Renter Occupied HU | 261 (12.1%) |
| Vacant Housing Units | 658 (30.4%) |
| Median Home Value | $201,637 |
| Average Home Value | $228,241 |
Housing Distribution
Address Breakdown
Residential
1,731
Single Family
1,731
Multi-Family
0
Businesses
106
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Listed by: Phillip Winkles • Keller Williams Realty Group
Mls Name: GALMLS
Mls Provider:
Mls ID: #1357096
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.