848 Ridgeway AveColumbianaAL35051
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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 Columbiana at 848 Ridgeway Ave, Columbiana, AL, 35051 earns $851/mo cash flow from $2,407/mo rent with a $1,322/mo payment. Total monthly income totals $2,407/mo, and annual cash flow totals $10,217/yr on $89,505 capital. ROI tracks 31.32% on current figures, and rental yield reads 10.7% at a $270,000 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 163.51% and total cumulative return in cash sums $146,353. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,407/mo property income instead of your personal income.
Single Family
Built in 2022
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35051, Columbiana, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,607 (100%) |
| Owner Occupied HU | 2,476 (68.6%) |
| Renter Occupied HU | 830 (23.0%) |
| Vacant Housing Units | 301 ( 8.3%) |
| Median Home Value | $329,118 |
| Average Home Value | $357,637 |
Housing Distribution
Address Breakdown
Residential
3,426
Single Family
3,254
Multi-Family
172
Businesses
333
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Listed by: Donna Mann • ARC Realty 280
Mls Name: GALMLS
Mls Provider:
Mls ID: #21431503
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.