671 Ridge DrHeadlandAL36345
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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 Headland at 671 Ridge Dr, Headland, AL, 36345 with 5% annual appreciation on a $545,000 basis while $3,365/mo rent supports operations. Total monthly income totals $3,365/mo and a $2,668/mo payment preserves $288/mo for cash returns. Annual cash flow comes to $3,459/yr on $179,305 deployed, and return on cash invested reaches 21.99% in year one. Equity gained on principal adds $3,517/yr, and five-year appreciation sums $150,573 alongside rental yield of 7.41%. Five-year ROI measures 113.26% and total cumulative return in cash totals $203,088.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,365/mo property income versus a $2,668/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
1.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36345, Headland, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,642 (100%) |
| Owner Occupied HU | 2,580 (70.8%) |
| Renter Occupied HU | 762 (20.9%) |
| Vacant Housing Units | 300 ( 8.2%) |
| Median Home Value | $195,139 |
| Average Home Value | $232,949 |
Housing Distribution
Address Breakdown
Residential
3,874
Single Family
3,874
Multi-Family
0
Businesses
262
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Listed by: Kelly Woodham • Forrest & Fields, Inc.
Mls Name: SAMLS
Mls ID: #204690
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.