171 Waters Edge LnMadisonAL35758
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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 Madison at 171 Waters Edge Ln, Madison, AL, 35758 uses $64,643 cash to close to unlock $5,637/yr annual cash flow and $470/mo monthly cash flow. Total monthly income runs $1,570/mo, and a $954/mo payment keeps the spread at $470/mo. Purchase price stands at $195,000, and rental yield measures 9.66% with $1,570/mo rent. Return on cash invested shows 28.63% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 148.91% and total cumulative return in cash records $96,262. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,570/mo property income covering a $954/mo payment rather than investor’s personal income.
Condo
Built in 1988
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35758, Madison, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,150 (100%) |
| Owner Occupied HU | 12,787 (55.2%) |
| Renter Occupied HU | 8,346 (36.1%) |
| Vacant Housing Units | 2,017 ( 8.7%) |
| Median Home Value | $405,138 |
| Average Home Value | $448,947 |
Housing Distribution
Address Breakdown
Residential
21,495
Single Family
16,455
Multi-Family
5,040
Businesses
2,188
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