1280 Summit Ridge WayOdenvilleAL35120
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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 Odenville at 1280 Summit Ridge Way, Odenville, AL, 35120 generates $2,094/mo in rent and, after a $1,688/mo payment, leaves $147/mo in cash flow. Total monthly income is $2,094/mo, and annual cash flow is $1,768/yr on $114,334 invested. Return on cash invested sits at 21.46% in year one, and rental yield is 7.29% on a $344,900 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation builds toward $95,290 over five years. Five-year ROI reaches 110.44% and total cumulative return in cash sums $126,273. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,094/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35120, Odenville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,018 (100%) |
| Owner Occupied HU | 5,719 (81.5%) |
| Renter Occupied HU | 859 (12.2%) |
| Vacant Housing Units | 440 ( 6.3%) |
| Median Home Value | $239,131 |
| Average Home Value | $254,224 |
Housing Distribution
Address Breakdown
Residential
7,023
Single Family
7,023
Multi-Family
0
Businesses
233
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