2964 County Road 7LeesburgAL35983
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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 Leesburg at 2964 County Road 7, Leesburg, AL, 35983 generates $1,892/mo in rent, after a $3,039/mo payment. Total monthly income is $1,892/mo. Return on cash invested sits at 10.59% in year one, and rental yield is 3.66% on a $621,000 entry. Equity gained on principal adds $4,007/yr, while 5% annual appreciation builds toward $171,571 over five years. Five-year ROI reaches 52.12% and total cumulative return in cash sums $106,481. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,892/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
5.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35983, Leesburg, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,164 (100%) |
| Owner Occupied HU | 1,245 (57.5%) |
| Renter Occupied HU | 261 (12.1%) |
| Vacant Housing Units | 658 (30.4%) |
| Median Home Value | $201,637 |
| Average Home Value | $228,241 |
Housing Distribution
Address Breakdown
Residential
1,731
Single Family
1,731
Multi-Family
0
Businesses
106
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