162 Steiner StMadisonAL35756
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
Rental property for sale in Madison at 162 Steiner St, Madison, AL, 35756 priced at $498,900 pairs $2,851/mo rent with after a $2,442/mo payment. Total monthly income equals $2,851/mo. Return on cash invested is 15.13% in year one, and rental yield stands at 6.86% on a $498,900 basis. Equity gained on principal adds $3,219/yr, and 5% annual appreciation accumulates to $137,837 by year five. Five-year ROI measures 78.34% and total cumulative return in cash reaches $129,562. For financing, Ziffy Mortgage’s DSCR program evaluates $2,851/mo property income against a $2,442/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2023
2,700 sqft lot
$N/A/sqft
$2,573 annually 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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Nearby investment properties with comparable prices
Listed by: Samantha Walker • Capstone Realty LLC Huntsville
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21890315
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