1304 Liberty Dr UNIT 1304MadisonAL35758
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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 Madison at 1304 Liberty Dr UNIT 1304, Madison, AL, 35758 offers a 10.08% rental yield on a $161,900 purchase with $1,360/mo rent. Total monthly income registers $1,360/mo, and a $792/mo payment leaves $201/mo available for distribution. Annual cash flow reaches $2,407/yr on $53,670 to close, and return on cash invested stands at 24.39% in year one. Equity gained on principal adds $1,045/yr while 5% annual appreciation supports $44,730 over five years. Portfolio math shows five-year ROI at 128.22% and total cumulative return in cash at $68,818. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,360/mo property income against a $792/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1987
N/A lot
$N/A/sqft
$246 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35758, Madison, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,150 (100%) |
| Owner Occupied HU | 12,787 (55.2%) |
| Renter Occupied HU | 8,346 (36.1%) |
| Vacant Housing Units | 2,017 ( 8.7%) |
| Median Home Value | $405,138 |
| Average Home Value | $448,947 |
Housing Distribution
Address Breakdown
Residential
21,495
Single Family
16,455
Multi-Family
5,040
Businesses
2,188
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Listed by: Melissa Brinkley • Lamica Realty
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21894718
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