1969 Ridgewood DrLillianAL36549
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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 Lillian at 1969 Ridgewood Dr, Lillian, AL, 36549 earns $926/mo cash flow from $2,394/mo rent with a $1,273/mo payment. Total monthly income totals $2,394/mo, and annual cash flow totals $11,112/yr on $86,190 capital. ROI tracks 32.8% on current figures, and rental yield reads 11.05% at a $260,000 purchase. Equity gained on principal adds $1,678/yr, and 5% annual appreciation supports $71,833 over five years. Five-year ROI reaches 171.26% and total cumulative return in cash sums $147,605. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,394/mo property income instead of your personal income.
Single Family
Built in 2005
9,374 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36549, Lillian, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,609 (100%) |
| Owner Occupied HU | 2,601 (72.1%) |
| Renter Occupied HU | 293 ( 8.1%) |
| Vacant Housing Units | 715 (19.8%) |
| Median Home Value | $260,289 |
| Average Home Value | $291,528 |
Housing Distribution
Address Breakdown
Residential
3,327
Single Family
3,327
Multi-Family
0
Businesses
111
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