2700 Ricks LnLeightonAL35646
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who value predictability will appreciate 2700 Ricks Ln, Leighton, AL, 35646 in Leighton. At $289,000 it earns $1,870/mo in rent and distributes $238/mo to the owner after the $1,300/mo payment, a consistent 7.76% yield. DSCR 1.44 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $79,845 in value; $2,662/yr in principal paydown compounds ownership stake. Total projected return: $124,264.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 7.5% |
| Monthly Cash Flow | $238 | $300 |
City averages based on Leighton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,870 |
| Total Monthly Debt Service | $1,516 |
| DSCR Ratio | 1.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1966
0.86 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
Nearby investment properties with comparable rents
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 1966
0.86 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices