4485 State Highway 68 WLeesburgAL35983
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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 Leesburg at 4485 State Highway 68 W, Leesburg, AL, 35983 listed at $240,000 pairs $2,264/mo rent with a $1,175/mo payment to leave $909/mo cash flow. Total monthly income runs $2,264/mo, and annual cash flow reaches $10,908/yr on $79,560 cash to close. Return on cash invested measures 33.62% in year one, and rental yield registers 11.32% at a $240,000 basis. Equity gained on principal adds $1,549/yr, and annual property appreciation at 5% supports $66,308 by year five. Five-year ROI tracks 175.63% and total cumulative return in cash totals $139,730. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,264/mo property income relative to a $1,175/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2014
4.68 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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Nearby investment properties with comparable prices
Listed by: Jamila Richey • Civil Choice Realty
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21889934
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