0 Lee Road 158SalemAL36874
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
Investment property for sale in Salem at 0 Lee Road 158, Salem, AL, 36874 at $480,700 posts ROI 22.88% with $394/mo cash flow from $3,108/mo rent. Total monthly income equals $3,108/mo, and annual cash flow records $4,734/yr on $159,352 to close. Return on cash invested measures 22.88% and rental yield reads 7.76% at the current $480,700. Equity gained on principal adds $3,102/yr, and 5% annual appreciation supports $132,809 by year five. Five-year ROI prints 118.07% and total cumulative return in cash totals $188,144.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,108/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
3.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36874, Salem, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,334 (100%) |
| Owner Occupied HU | 3,276 (75.6%) |
| Renter Occupied HU | 622 (14.4%) |
| Vacant Housing Units | 436 (10.1%) |
| Median Home Value | $262,345 |
| Average Home Value | $280,571 |
Housing Distribution
Address Breakdown
Residential
3,886
Single Family
3,886
Multi-Family
0
Businesses
68
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Nearby investment properties with comparable prices
Listed by: BRENT NEWSOME • KELLER WILLIAMS REALTY RIVER CITIES III
Mls Name: LCMLS
Mls ID: #171852
Disclaimer: The data relating to real estate for sale on this web-site comes in part from the Internet Data Exchange Program of Lee County Association of REALTORS. Information is deemed reliable but is not guaranteed.