343 Waters Edge LnMadisonAL35758
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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 343 Waters Edge Ln, Madison, AL, 35758 earns $173/mo cash flow from $1,340/mo rent with a $857/mo payment. Total monthly income totals $1,340/mo, and annual cash flow totals $2,073/yr on $58,013 capital. ROI tracks 23.48% on current figures, and rental yield reads 9.19% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 122.65% and total cumulative return in cash sums $71,155. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,340/mo property income instead of your personal income.
Condo
Built in 1994
N/A lot
$N/A/sqft
$179 monthly 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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Listed by: Stephen Prucha • CRYE-LEIKE REALTORS - Hsv
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21886158
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