418 Riddle AvePiedmontAL36272
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
Investment property for sale in Piedmont at 418 Riddle Ave, Piedmont, AL, 36272 at $144,900 posts ROI 27.14% with $289/mo cash flow from $1,107/mo rent. Total monthly income equals $1,107/mo, and annual cash flow records $3,472/yr on $48,034 to close. Return on cash invested measures 27.14% and rental yield reads 9.17% at the current $144,900. Equity gained on principal adds $935/yr, and 5% annual appreciation supports $40,033 by year five. Five-year ROI prints 140.95% and total cumulative return in cash totals $67,705.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,107/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1948
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36272, Piedmont, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,988 (100%) |
| Owner Occupied HU | 4,062 (67.8%) |
| Renter Occupied HU | 1,138 (19.0%) |
| Vacant Housing Units | 788 (13.2%) |
| Median Home Value | $161,014 |
| Average Home Value | $181,000 |
Housing Distribution
Address Breakdown
Residential
5,681
Single Family
5,681
Multi-Family
0
Businesses
332
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Listed by: Phillip Winkles • Keller Williams Realty Group
Mls Name: GALMLS
Mls Provider:
Mls ID: #21430883
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.