162 Ridgewood CirUnion GroveAL35175
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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 Union Grove at 162 Ridgewood Cir, Union Grove, AL, 35175 listed at $469,900 pairs $2,735/mo rent with a $2,300/mo payment to leave $83/mo cash flow. Total monthly income runs $2,735/mo, and annual cash flow reaches $991/yr on $155,772 cash to close. Return on cash invested measures 20.55% in year one, and rental yield registers 6.98% at a $469,900 basis. Equity gained on principal adds $3,032/yr, and annual property appreciation at 5% supports $129,825 by year five. Five-year ROI tracks 105.54% and total cumulative return in cash totals $164,402. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,735/mo property income relative to a $2,300/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35175, Union Grove, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,393 (100%) |
| Owner Occupied HU | 1,817 (75.9%) |
| Renter Occupied HU | 355 (14.8%) |
| Vacant Housing Units | 221 ( 9.2%) |
| Median Home Value | $263,039 |
| Average Home Value | $306,187 |
Housing Distribution
Address Breakdown
Residential
2,346
Single Family
2,346
Multi-Family
0
Businesses
66
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Listed by: LeAndra Martin • Southern Elite Realty
Mls Name: ValleyMLS
Mls ID: #21907391