494 Fairway RdgDadevilleAL36853
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 Dadeville at 494 Fairway Rdg, Dadeville, AL, 36853 uses $94,776 cash to close to unlock $3,867/yr annual cash flow and $322/mo monthly cash flow. Total monthly income runs $1,944/mo, and a $1,399/mo payment keeps the spread at $322/mo. Purchase price stands at $285,900, and rental yield measures 8.16% with $1,944/mo rent. Return on cash invested shows 23.99% in year one, and 5% annual appreciation builds toward $78,989 over five years. Five-year ROI reaches 124.07% and total cumulative return in cash records $117,589. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,944/mo property income covering a $1,399/mo payment rather than investor’s personal income.
Single Family
Built in 1977
0.50 Acres lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36853, Dadeville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,361 (100%) |
| Owner Occupied HU | 3,057 (48.1%) |
| Renter Occupied HU | 809 (12.7%) |
| Vacant Housing Units | 2,495 (39.2%) |
| Median Home Value | $285,381 |
| Average Home Value | $381,098 |
Housing Distribution
Address Breakdown
Residential
5,570
Single Family
5,526
Multi-Family
44
Businesses
407
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Listed by: Kimberly Johnson • Hodges Real Estate
Mls Name: MAAR
Mls Provider:
Mls ID: #566987
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