110 E 21st StLanettAL36863
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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 Lanett at 110 E 21st St, Lanett, AL, 36863 earns $716/mo cash flow from $2,280/mo rent with a $1,356/mo payment. Total monthly income totals $2,280/mo, and annual cash flow totals $8,595/yr on $91,826 capital. ROI tracks 29.27% on current figures, and rental yield reads 9.88% at a $277,000 purchase. Equity gained on principal adds $1,787/yr, and 5% annual appreciation supports $76,530 over five years. Five-year ROI reaches 152.35% and total cumulative return in cash sums $139,899. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,280/mo property income instead of your personal income.
Single Family
Built in 1940
1.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36863, Lanett, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,421 (100%) |
| Owner Occupied HU | 3,031 (55.9%) |
| Renter Occupied HU | 1,673 (30.9%) |
| Vacant Housing Units | 717 (13.2%) |
| Median Home Value | $140,542 |
| Average Home Value | $190,617 |
Housing Distribution
Address Breakdown
Residential
5,360
Single Family
5,305
Multi-Family
55
Businesses
421
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Listed by: SHARRON HILL FARRAR • HOMELINK REALTY
Mls Name: LCMLS
Mls ID: #173083
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.