601 Walton DrMadisonAL35758
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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 Madison at 601 Walton Dr, Madison, AL, 35758 priced at $213,400 pairs $2,065/mo rent with $812/mo cash flow after a $1,044/mo payment. Total monthly income equals $2,065/mo, and annual cash flow comes to $9,738/yr on $70,742 invested. Return on cash invested is 33.67% in year one, and rental yield stands at 11.61% on a $213,400 basis. Equity gained on principal adds $1,377/yr, and 5% annual appreciation accumulates to $58,958 by year five. Five-year ROI measures 176.28% and total cumulative return in cash reaches $124,707. For financing, Ziffy Mortgage’s DSCR program evaluates $2,065/mo property income against a $1,044/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1970
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35758, Madison, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,150 (100%) |
| Owner Occupied HU | 12,787 (55.2%) |
| Renter Occupied HU | 8,346 (36.1%) |
| Vacant Housing Units | 2,017 ( 8.7%) |
| Median Home Value | $405,138 |
| Average Home Value | $448,947 |
Housing Distribution
Address Breakdown
Residential
21,495
Single Family
16,455
Multi-Family
5,040
Businesses
2,188
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