35 County Road 568LeesburgAL35983
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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 35 County Road 568, Leesburg, AL, 35983 generates $846/mo in rent, after a $1,346/mo payment. Total monthly income is $846/mo. Return on cash invested sits at 10.61% in year one, and rental yield is 3.69% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 52.28% and total cumulative return in cash sums $47,663. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $846/mo property income rather than buyer’s personal income.
Manufactured
Built in 1965
N/A 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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Listed by: Laura StClair • Weiss Lake Realty
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21889458
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