292 Dogwood DrIderAL35981
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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 Ider at 292 Dogwood Dr, Ider, AL, 35981 with 5% annual appreciation on a $359,900 basis while $2,585/mo rent supports operations. Total monthly income totals $2,585/mo and a $1,762/mo payment preserves $553/mo for cash returns. Annual cash flow comes to $6,637/yr on $119,307 deployed, and return on cash invested reaches 25.47% in year one. Equity gained on principal adds $2,322/yr, and five-year appreciation sums $99,434 alongside rental yield of 8.62%. Five-year ROI measures 131.98% and total cumulative return in cash totals $157,466.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,585/mo property income versus a $1,762/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2005
10.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35981, Ider, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 959 (100%) |
| Owner Occupied HU | 698 (72.8%) |
| Renter Occupied HU | 176 (18.4%) |
| Vacant Housing Units | 85 ( 8.9%) |
| Median Home Value | $179,167 |
| Average Home Value | $246,701 |
Housing Distribution
Address Breakdown
Residential
870
Single Family
870
Multi-Family
0
Businesses
67
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