29866 Ivey LnMadisonAL35756
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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 29866 Ivey Ln, Madison, AL, 35756 uses $84,533 cash to close to unlock $5,529/yr annual cash flow and $461/mo monthly cash flow. Total monthly income runs $1,900/mo, and a $1,248/mo payment keeps the spread at $461/mo. Purchase price stands at $255,000, and rental yield measures 8.94% with $1,900/mo rent. Return on cash invested shows 26.45% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 137.2% and total cumulative return in cash records $115,976. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,900/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 2001
0.75 Acres 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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