5 Ridgeview DrMillbrookAL36054
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 Millbrook at 5 Ridgeview Dr, Millbrook, AL, 36054 priced at $180,000 pairs $1,630/mo rent with $614/mo cash flow after a $881/mo payment. Total monthly income equals $1,630/mo, and annual cash flow comes to $7,368/yr on $59,670 invested. Return on cash invested is 32.26% in year one, and rental yield stands at 10.87% on a $180,000 basis. Equity gained on principal adds $1,162/yr, and 5% annual appreciation accumulates to $49,731 by year five. Five-year ROI measures 168.31% and total cumulative return in cash reaches $100,433. For financing, Ziffy Mortgage’s DSCR program evaluates $1,630/mo property income against a $881/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36054, Millbrook, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,676 (100%) |
| Owner Occupied HU | 4,286 (64.2%) |
| Renter Occupied HU | 2,097 (31.4%) |
| Vacant Housing Units | 293 ( 4.4%) |
| Median Home Value | $212,523 |
| Average Home Value | $233,007 |
Housing Distribution
Address Breakdown
Residential
6,189
Single Family
5,416
Multi-Family
773
Businesses
567
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