1400 Illinois StLeedsAL35094
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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 Leeds at 1400 Illinois St, Leeds, AL, 35094 at $143,250 posts ROI 34.1% with $562/mo cash flow from $1,426/mo rent. Total monthly income equals $1,426/mo, and annual cash flow records $6,739/yr on $47,487 to close. Return on cash invested measures 34.1% and rental yield reads 11.95% at the current $143,250. Equity gained on principal adds $924/yr, and 5% annual appreciation supports $39,577 by year five. Five-year ROI prints 178.78% and total cumulative return in cash totals $84,899.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,426/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35094, Leeds, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,693 (100%) |
| Owner Occupied HU | 4,525 (67.6%) |
| Renter Occupied HU | 1,660 (24.8%) |
| Vacant Housing Units | 508 ( 7.6%) |
| Median Home Value | $244,824 |
| Average Home Value | $296,299 |
Housing Distribution
Address Breakdown
Residential
6,789
Single Family
6,716
Multi-Family
73
Businesses
617
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Listed by: Ben Davis • Spartan Realty LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21399696
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.