1434 Ridgewood DrLillianAL36549
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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 Lillian at 1434 Ridgewood Dr, Lillian, AL, 36549 listed at $244,400 pairs $1,200/mo rent with a $1,196/mo payment. Total monthly income runs $1,200/mo. Return on cash invested measures 16.16% in year one, and rental yield registers 5.89% at a $244,400 basis. Equity gained on principal adds $1,577/yr, and annual property appreciation at 5% supports $67,523 by year five. Five-year ROI tracks 82.4% and total cumulative return in cash totals $66,760. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,200/mo property income relative to a $1,196/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1983
7,187 sqft lot
$N/A/sqft
$74 monthly 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
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Listed by: Gwen Vigon • Gwen Vigon Realty LLC
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #372604
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.