221 W Ladiga StPiedmontAL36272
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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 Piedmont at 221 W Ladiga St, Piedmont, AL, 36272 uses $57,979 cash to close to unlock $4,702/yr annual cash flow and $392/mo monthly cash flow. Total monthly income runs $1,379/mo, and a $856/mo payment keeps the spread at $392/mo. Purchase price stands at $174,900, and rental yield measures 9.46% with $1,379/mo rent. Return on cash invested shows 28.02% in year one, and 5% annual appreciation builds toward $48,322 over five years. Five-year ROI reaches 145.6% and total cumulative return in cash records $84,420. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,379/mo property income covering a $856/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36272, Piedmont, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,988 (100%) |
| Owner Occupied HU | 4,062 (67.8%) |
| Renter Occupied HU | 1,138 (19.0%) |
| Vacant Housing Units | 788 (13.2%) |
| Median Home Value | $161,014 |
| Average Home Value | $181,000 |
Housing Distribution
Address Breakdown
Residential
5,681
Single Family
5,681
Multi-Family
0
Businesses
332
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