51 N Leahmon LnMathewsAL36052
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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
Rental property for sale in Mathews at 51 N Leahmon Ln, Mathews, AL, 36052 priced at $1,200,000 converts $5,945/mo rent into after a $5,873/mo obligation. Total monthly income equals $5,945/mo. Return on cash invested prints 17.81% in year one, and rental yield reads 5.95% against a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation compiles into $331,538 by year five. Five-year ROI reaches 90.77% and total cumulative return in cash sums $352,919. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,945/mo property income covering a $5,873/mo payment, not borrower’s personal income.
Single Family
Built in 2016
4.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36052, Mathews, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 522 (100%) |
| Owner Occupied HU | 409 (78.4%) |
| Renter Occupied HU | 58 (11.1%) |
| Vacant Housing Units | 55 (10.5%) |
| Median Home Value | $419,531 |
| Average Home Value | $462,451 |
Housing Distribution
Address Breakdown
Residential
423
Single Family
423
Multi-Family
0
Businesses
16
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