35 County Road 568LeesburgAL35983
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 35 County Road 568, Leesburg, AL, 35983 in Leesburg fits: $275,000, 3.69% gross yield, and a projected 5% annual appreciation rate adding $75,977 in value within five years. Rental yield 3.69%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.68) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $2,533/yr in principal paydown and $75,977 in appreciation project a total return of $58,167.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.7% | 6.0% |
| Monthly Cash Flow | $(706) | $500 |
City averages based on Leesburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $846 |
| Total Monthly Debt Service | $1,443 |
| DSCR Ratio | 0.59x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laura StClair • Weiss Lake Realty
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21889458
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