7617 Cedar 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 7617 Cedar Ave, Leeds, AL, 35094 with 5% annual appreciation on a $170,000 basis while $1,107/mo rent supports operations. Total monthly income totals $1,107/mo and a $832/mo payment preserves $148/mo for cash returns. Annual cash flow comes to $1,770/yr on $56,355 deployed, and return on cash invested reaches 23.05% in year one. Equity gained on principal adds $1,097/yr, and five-year appreciation sums $46,968 alongside rental yield of 7.81%. Five-year ROI measures 119% and total cumulative return in cash totals $67,065.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,107/mo property income versus a $832/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
0.46 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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Listed by: Melissa Becerra • Southern Hometown Selling, LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21417641
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.