28218 Saddle Springs Dr NWMadisonAL35756
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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 Madison at 28218 Saddle Springs Dr NW, Madison, AL, 35756 listed at $369,990 pairs $3,360/mo rent with a $1,811/mo payment to leave $1,272/mo cash flow. Total monthly income runs $3,360/mo, and annual cash flow reaches $15,258/yr on $122,652 cash to close. Return on cash invested measures 32.35% in year one, and rental yield registers 10.9% at a $369,990 basis. Equity gained on principal adds $2,387/yr, and annual property appreciation at 5% supports $102,221 by year five. Five-year ROI tracks 168.85% and total cumulative return in cash totals $207,098. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,360/mo property income relative to a $1,811/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
9,147 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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