1870 Circle DrLeightonAL35646
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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 Leighton at 1870 Circle Dr, Leighton, AL, 35646 uses $50,686 cash to close to unlock $3,556/yr annual cash flow and $296/mo monthly cash flow. Total monthly income runs $1,159/mo, and a $748/mo payment keeps the spread at $296/mo. Purchase price stands at $152,900, and rental yield measures 9.1% with $1,159/mo rent. Return on cash invested shows 26.92% in year one, and 5% annual appreciation builds toward $42,243 over five years. Five-year ROI reaches 139.83% and total cumulative return in cash records $70,876. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,159/mo property income covering a $748/mo payment rather than investor’s personal income.
Single Family
Built in 1958
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35646, Leighton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,173 (100%) |
| Owner Occupied HU | 1,512 (69.6%) |
| Renter Occupied HU | 404 (18.6%) |
| Vacant Housing Units | 257 (11.8%) |
| Median Home Value | $154,526 |
| Average Home Value | $198,896 |
Housing Distribution
Address Breakdown
Residential
1,800
Single Family
1,800
Multi-Family
0
Businesses
111
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Listed by: Gregg Traynom • EXIT River City Realty
Mls Name: Strategic MLS Alliance
Mls ID: #522800
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.