6696 June AveLeedsAL35094
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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 Leeds at 6696 June Ave, Leeds, AL, 35094 uses $42,764 cash to close to unlock $3,303/yr annual cash flow and $275/mo monthly cash flow. Total monthly income runs $1,003/mo, and a $631/mo payment keeps the spread at $275/mo. Purchase price stands at $129,000, and rental yield measures 9.33% with $1,003/mo rent. Return on cash invested shows 27.63% in year one, and 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 143.62% and total cumulative return in cash records $61,417. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,003/mo property income covering a $631/mo payment rather than investor’s personal income.
Single Family
Built in 1972
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35094, Leeds, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,693 (100%) |
| Owner Occupied HU | 4,525 (67.6%) |
| Renter Occupied HU | 1,660 (24.8%) |
| Vacant Housing Units | 508 ( 7.6%) |
| Median Home Value | $244,824 |
| Average Home Value | $296,299 |
Housing Distribution
Address Breakdown
Residential
6,789
Single Family
6,716
Multi-Family
73
Businesses
617
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