212 Westridge DrAddisonAL35540
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 212 Westridge Dr, Addison, AL, 35540 in Addison. Rental yield 0%. At $357,900 with 0% gross yield, current distributions are modest, but the 5% appreciation rate projects $98,881 in new equity by year five, complemented by $3,296/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.00) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $4,905.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 8.0% |
| Monthly Cash Flow | $0 | $150 |
City averages based on Addison market data in our database. Property projections are estimates.
Single Family
Built in 1999
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35540, Addison, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,207 (100%) |
| Owner Occupied HU | 843 (69.8%) |
| Renter Occupied HU | 164 (13.6%) |
| Vacant Housing Units | 200 (16.6%) |
| Median Home Value | $232,895 |
| Average Home Value | $273,932 |
Housing Distribution
Address Breakdown
Residential
969
Single Family
969
Multi-Family
0
Businesses
75
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 1999
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35540, Addison, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,207 (100%) |
| Owner Occupied HU | 843 (69.8%) |
| Renter Occupied HU | 164 (13.6%) |
| Vacant Housing Units | 200 (16.6%) |
| Median Home Value | $232,895 |
| Average Home Value | $273,932 |
Housing Distribution
Address Breakdown
Residential
969
Single Family
969
Multi-Family
0
Businesses
75
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices