1046 Laurel Lakes DrHelenaAL35022
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 Helena at 1046 Laurel Lakes Dr, Helena, AL, 35022 uses $144,501 cash to close to unlock $8,689/yr annual cash flow and $724/mo monthly cash flow. Total monthly income runs $3,185/mo, and a $2,134/mo payment keeps the spread at $724/mo. Purchase price stands at $435,900, and rental yield measures 8.77% with $3,185/mo rent. Return on cash invested shows 25.92% in year one, and 5% annual appreciation builds toward $120,431 over five years. Five-year ROI reaches 134.4% and total cumulative return in cash records $194,203. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,185/mo property income covering a $2,134/mo payment rather than investor’s personal income.
Single Family
Built in 2005
1.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35022, Bessemer, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,303 (100%) |
| Owner Occupied HU | 7,161 (69.5%) |
| Renter Occupied HU | 2,415 (23.4%) |
| Vacant Housing Units | 727 ( 7.1%) |
| Median Home Value | $306,389 |
| Average Home Value | $363,775 |
Housing Distribution
Address Breakdown
Residential
10,353
Single Family
9,804
Multi-Family
549
Businesses
682
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices