0 County Road 59LexingtonAL35648
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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 Lexington at 0 County Road 59, Lexington, AL, 35648 with 5% annual appreciation on a $129,900 basis while $960/mo rent supports operations. Total monthly income totals $960/mo and a $636/mo payment preserves $227/mo for cash returns. Annual cash flow comes to $2,719/yr on $43,062 deployed, and return on cash invested reaches 26.22% in year one. Equity gained on principal adds $838/yr, and five-year appreciation sums $35,889 alongside rental yield of 8.87%. Five-year ROI measures 136.04% and total cumulative return in cash totals $58,579.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $960/mo property income versus a $636/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in N/A
16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35648, Lexington, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,801 (100%) |
| Owner Occupied HU | 1,269 (70.5%) |
| Renter Occupied HU | 307 (17.0%) |
| Vacant Housing Units | 225 (12.5%) |
| Median Home Value | $195,281 |
| Average Home Value | $251,491 |
Housing Distribution
Address Breakdown
Residential
1,718
Single Family
1,718
Multi-Family
0
Businesses
87
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Listed by: Jeremy Grigsby • Grigsby Properties
Mls Name: Strategic MLS Alliance
Mls ID: #521796
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.