156 Knockash HlMadisonAL35756
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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 156 Knockash Hl, Madison, AL, 35756 offers $3,360/mo rent that, after a $6,056/mo payment. Total monthly income is $3,360/mo. Return on cash invested measures 9.52% in year one, and rental yield stands at 3.26% at a $1,237,400 entry. Equity gained on principal adds $7,985/yr while 5% annual appreciation compounds into $341,871 by year five. Five-year ROI records 46.31% and total cumulative return in cash reaches $185,670. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,360/mo property income versus a $6,056/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35756, Madison, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,939 (100%) |
| Owner Occupied HU | 8,528 (71.4%) |
| Renter Occupied HU | 2,284 (19.1%) |
| Vacant Housing Units | 1,127 ( 9.4%) |
| Median Home Value | $418,344 |
| Average Home Value | $441,883 |
Housing Distribution
Address Breakdown
Residential
11,561
Single Family
11,001
Multi-Family
560
Businesses
339
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