360 Ridgeview CirJemisonAL35085
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
Investment Highlights
Rental property for sale in Jemison at 360 Ridgeview Cir, Jemison, AL, 35085 priced at $244,000 converts $2,062/mo rent into $685/mo cash flow after a $1,194/mo obligation. Total monthly income equals $2,062/mo, and annual cash flow totals $8,220/yr on $80,886 invested. Return on cash invested prints 30.07% in year one, and rental yield reads 10.14% against a $244,000 entry. Equity gained on principal adds $1,574/yr, while 5% annual appreciation compiles into $67,413 by year five. Five-year ROI reaches 156.6% and total cumulative return in cash sums $126,670. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,062/mo property income covering a $1,194/mo payment, not borrower’s personal income.
Single Family
Built in 2022
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35085, Jemison, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,885 (100%) |
| Owner Occupied HU | 2,808 (72.3%) |
| Renter Occupied HU | 722 (18.6%) |
| Vacant Housing Units | 355 ( 9.1%) |
| Median Home Value | $158,621 |
| Average Home Value | $196,735 |
Housing Distribution
Address Breakdown
Residential
3,654
Single Family
3,606
Multi-Family
48
Businesses
178
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