358 Cade CirLeesburgAL35983
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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
Investment Highlights
Rental property for sale in Leesburg at 358 Cade Cir, Leesburg, AL, 35983 priced at $337,700 pairs $2,305/mo rent with $399/mo cash flow after a $1,653/mo payment. Total monthly income equals $2,305/mo, and annual cash flow comes to $4,785/yr on $111,948 invested. Return on cash invested is 24.18% in year one, and rental yield stands at 8.19% on a $337,700 basis. Equity gained on principal adds $2,179/yr, and 5% annual appreciation accumulates to $93,300 by year five. Five-year ROI measures 125.06% and total cumulative return in cash reaches $139,996. For financing, Ziffy Mortgage’s DSCR program evaluates $2,305/mo property income against a $1,653/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.33 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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Listed by: Gregory Lumpkin • LakeWeissAlabama.com
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21877457
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