1326 Ridgewood DrLillianAL36549
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
Investment property for sale in Lillian at 1326 Ridgewood Dr, Lillian, AL, 36549 uses $58,013 cash to close to unlock $4,089/yr annual cash flow and $341/mo monthly cash flow. Total monthly income runs $1,329/mo, and a $857/mo payment keeps the spread at $341/mo. Purchase price stands at $175,000, and rental yield measures 9.11% with $1,329/mo rent. Return on cash invested shows 26.96% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 139.95% and total cumulative return in cash records $81,187. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,329/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36549, Lillian, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,609 (100%) |
| Owner Occupied HU | 2,601 (72.1%) |
| Renter Occupied HU | 293 ( 8.1%) |
| Vacant Housing Units | 715 (19.8%) |
| Median Home Value | $260,289 |
| Average Home Value | $291,528 |
Housing Distribution
Address Breakdown
Residential
3,327
Single Family
3,327
Multi-Family
0
Businesses
111
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices