1008 Lakeshore DrAbbevilleAL36310
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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 Abbeville at 1008 Lakeshore Dr, Abbeville, AL, 36310 at $374,750 posts ROI 18.3% with from $1,948/mo rent. Total monthly income equals $1,948/mo. Return on cash invested measures 18.3% and rental yield reads 6.24% at the current $374,750. Equity gained on principal adds $2,418/yr, and 5% annual appreciation supports $103,537 by year five. Five-year ROI prints 93.46% and total cumulative return in cash totals $116,108. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,948/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2005
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36310, Abbeville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,045 (100%) |
| Owner Occupied HU | 2,145 (53.0%) |
| Renter Occupied HU | 634 (15.7%) |
| Vacant Housing Units | 1,266 (31.3%) |
| Median Home Value | $126,862 |
| Average Home Value | $189,301 |
Housing Distribution
Address Breakdown
Residential
3,111
Single Family
3,111
Multi-Family
0
Businesses
248
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