132 Spring Water DrMadisonAL35758
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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 Madison at 132 Spring Water Dr, Madison, AL, 35758 offers $3,086/mo rent that, after a $3,255/mo payment. Total monthly income is $3,086/mo. Return on cash invested measures 16.4% in year one, and rental yield stands at 5.57% at a $665,000 entry. Equity gained on principal adds $4,291/yr while 5% annual appreciation compounds into $183,727 by year five. Five-year ROI records 83.27% and total cumulative return in cash reaches $182,191. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,086/mo property income versus a $3,255/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
0.42 Acres lot
$N/A/sqft
No 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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