124 Leaf StMidland CityAL36350
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Midland City at 124 Leaf St, Midland City, AL, 36350 priced at $293,500 pairs $1,788/mo rent with $131/mo cash flow after a $1,437/mo payment. Total monthly income equals $1,788/mo, and annual cash flow comes to $1,571/yr on $97,295 invested. Return on cash invested is 21.52% in year one, and rental yield stands at 7.31% on a $293,500 basis. Equity gained on principal adds $1,894/yr, and 5% annual appreciation accumulates to $81,089 by year five. Five-year ROI measures 110.78% and total cumulative return in cash reaches $107,783. For financing, Ziffy Mortgage’s DSCR program evaluates $1,788/mo property income against a $1,437/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2026
9,375 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36350, Midland City, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,921 (100%) |
| Owner Occupied HU | 2,450 (62.5%) |
| Renter Occupied HU | 1,205 (30.7%) |
| Vacant Housing Units | 266 ( 6.8%) |
| Median Home Value | $165,761 |
| Average Home Value | $239,031 |
Housing Distribution
Address Breakdown
Residential
3,568
Single Family
3,286
Multi-Family
282
Businesses
128
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert Hewes • Coldwell Banker/Alfred Saliba
Mls Name: SAMLS
Mls ID: #207478