1114 N 18th St, Lanett, AL, 36863 | $363/mo Cash Flow

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Lanett at 1114 N 18th St, Lanett, AL, 36863 generates $1,718/mo in rent and, after a $1,175/mo payment, leaves $363/mo in cash flow. Total monthly income is $1,718/mo, and annual cash flow is $4,356/yr on $79,560 invested. Return on cash invested sits at 25.38% in year one, and rental yield is 8.59% on a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 131.47% and total cumulative return in cash sums $104,594. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,718/mo property income rather than buyer’s personal income.

Single Family

Built in 1860

2.23 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