14681 Cedar StMagnolia SpringsAL36555
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 Magnolia Springs at 14681 Cedar St, Magnolia Springs, AL, 36555 offers a 7% rental yield on a $419,900 purchase with $2,449/mo rent. Total monthly income registers $2,449/mo, and a $2,055/mo payment leaves $79/mo available for distribution. Annual cash flow reaches $949/yr on $139,197 to close, and return on cash invested stands at 20.59% in year one. Equity gained on principal adds $2,710/yr while 5% annual appreciation supports $116,011 over five years. Portfolio math shows five-year ROI at 105.8% and total cumulative return in cash at $147,276. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,449/mo property income against a $2,055/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
10,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36555, Magnolia Springs, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 351 (100%) |
| Owner Occupied HU | 210 (59.8%) |
| Renter Occupied HU | 52 (14.8%) |
| Vacant Housing Units | 89 (25.4%) |
| Median Home Value | $360,241 |
| Average Home Value | $461,738 |
Housing Distribution
Address Breakdown
Residential
416
Single Family
416
Multi-Family
0
Businesses
73
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Listed by: Tammy Boudreau • Cote Realty
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #368440
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.