287 Waters Edge Ln #15MadisonAL35758
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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 287 Waters Edge Ln #15, Madison, AL, 35758 listed at $182,900 pairs $1,590/mo rent with a $895/mo payment to leave $558/mo cash flow. Total monthly income runs $1,590/mo, and annual cash flow reaches $6,694/yr on $60,631 cash to close. Return on cash invested measures 30.95% in year one, and rental yield registers 10.43% at a $182,900 basis. Equity gained on principal adds $1,180/yr, and annual property appreciation at 5% supports $50,532 by year five. Five-year ROI tracks 161.35% and total cumulative return in cash totals $97,827. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,590/mo property income relative to a $895/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35758, Madison, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,150 (100%) |
| Owner Occupied HU | 12,787 (55.2%) |
| Renter Occupied HU | 8,346 (36.1%) |
| Vacant Housing Units | 2,017 ( 8.7%) |
| Median Home Value | $405,138 |
| Average Home Value | $448,947 |
Housing Distribution
Address Breakdown
Residential
21,495
Single Family
16,455
Multi-Family
5,040
Businesses
2,188
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