4120 Ridge DrAnnistonAL36206
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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 Anniston at 4120 Ridge Dr, Anniston, AL, 36206 uses $39,449 cash to close to unlock $3,009/yr annual cash flow and $251/mo monthly cash flow. Total monthly income runs $922/mo, and a $582/mo payment keeps the spread at $251/mo. Purchase price stands at $119,000, and rental yield measures 9.3% with $922/mo rent. Return on cash invested shows 27.54% in year one, and 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 143.05% and total cumulative return in cash records $56,429. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $922/mo property income covering a $582/mo payment rather than investor’s personal income.
Single Family
Built in 1957
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36206, Anniston, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,087 (100%) |
| Owner Occupied HU | 3,173 (62.4%) |
| Renter Occupied HU | 1,404 (27.6%) |
| Vacant Housing Units | 510 (10.0%) |
| Median Home Value | $136,507 |
| Average Home Value | $194,038 |
Housing Distribution
Address Breakdown
Residential
4,821
Single Family
4,603
Multi-Family
218
Businesses
224
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