102 Lark LnRobertsdaleAL36567
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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
Rental property for sale in Robertsdale at 102 Lark Ln, Robertsdale, AL, 36567 priced at $119,000 converts $927/mo rent into $256/mo cash flow after a $582/mo obligation. Total monthly income equals $927/mo, and annual cash flow totals $3,069/yr on $39,449 invested. Return on cash invested prints 27.69% in year one, and rental yield reads 9.35% against a $119,000 entry. Equity gained on principal adds $768/yr, while 5% annual appreciation compiles into $32,878 by year five. Five-year ROI reaches 143.87% and total cumulative return in cash sums $56,753. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $927/mo property income covering a $582/mo payment, not borrower’s personal income.
Manufactured
Built in 1997
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36567, Robertsdale, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,541 (100%) |
| Owner Occupied HU | 4,554 (69.6%) |
| Renter Occupied HU | 1,494 (22.8%) |
| Vacant Housing Units | 493 ( 7.5%) |
| Median Home Value | $277,394 |
| Average Home Value | $409,012 |
Housing Distribution
Address Breakdown
Residential
6,027
Single Family
5,482
Multi-Family
545
Businesses
582
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Listed by: Clarke Armstrong • RE/MAX of Orange Beach
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #377052
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.