1069 Lee Road 73WaverlyAL36879
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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 Waverly at 1069 Lee Road 73, Waverly, AL, 36879 uses $107,664 cash to close to unlock $8,225/yr annual cash flow and $685/mo monthly cash flow. Total monthly income runs $2,519/mo, and a $1,590/mo payment keeps the spread at $685/mo. Purchase price stands at $324,777, and rental yield measures 9.31% with $2,519/mo rent. Return on cash invested shows 27.55% in year one, and 5% annual appreciation builds toward $89,730 over five years. Five-year ROI reaches 143.12% and total cumulative return in cash records $154,083. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,519/mo property income covering a $1,590/mo payment rather than investor’s personal income.
Single Family
Built in 1910
2.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36879, Waverly, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,487 (100%) |
| Owner Occupied HU | 1,154 (77.6%) |
| Renter Occupied HU | 181 (12.2%) |
| Vacant Housing Units | 152 (10.2%) |
| Median Home Value | $334,633 |
| Average Home Value | $380,295 |
Housing Distribution
Address Breakdown
Residential
1,299
Single Family
1,299
Multi-Family
0
Businesses
33
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