98 S Interlaken DrMadisonAL35758
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 98 S Interlaken Dr, Madison, AL, 35758 offers $1,972/mo rent that, after a $1,615/mo payment, leaves $110/mo cash flow. Total monthly income is $1,972/mo, and annual cash flow is $1,315/yr on $109,362 cash. Return on cash invested measures 21.11% in year one, and rental yield stands at 7.17% at a $329,900 entry. Equity gained on principal adds $2,129/yr while 5% annual appreciation compounds into $91,145 by year five. Five-year ROI records 108.58% and total cumulative return in cash reaches $118,743. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,972/mo property income versus a $1,615/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
0.26 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices