234 Harold Murphy DrMadisonAL35756
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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
Rental property for sale in Madison at 234 Harold Murphy Dr, Madison, AL, 35756 priced at $319,900 converts $2,203/mo rent into $397/mo cash flow after a $1,566/mo obligation. Total monthly income equals $2,203/mo, and annual cash flow totals $4,765/yr on $106,047 invested. Return on cash invested prints 24.4% in year one, and rental yield reads 8.26% against a $319,900 entry. Equity gained on principal adds $2,064/yr, while 5% annual appreciation compiles into $88,382 by year five. Five-year ROI reaches 126.27% and total cumulative return in cash sums $133,904. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,203/mo property income covering a $1,566/mo payment, not borrower’s personal income.
Single Family
Built in 2011
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35756, Madison, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,939 (100%) |
| Owner Occupied HU | 8,528 (71.4%) |
| Renter Occupied HU | 2,284 (19.1%) |
| Vacant Housing Units | 1,127 ( 9.4%) |
| Median Home Value | $418,344 |
| Average Home Value | $441,883 |
Housing Distribution
Address Breakdown
Residential
11,561
Single Family
11,001
Multi-Family
560
Businesses
339
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