115 River Grass DrLincolnAL35096
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 Lincoln at 115 River Grass Dr, Lincoln, AL, 35096 listed at $187,670 pairs $1,450/mo rent with a $919/mo payment to leave $390/mo cash flow. Total monthly income runs $1,450/mo, and annual cash flow reaches $4,683/yr on $62,213 cash to close. Return on cash invested measures 27.44% in year one, and rental yield registers 9.27% at a $187,670 basis. Equity gained on principal adds $1,211/yr, and annual property appreciation at 5% supports $51,850 by year five. Five-year ROI tracks 142.56% and total cumulative return in cash totals $88,693. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,450/mo property income relative to a $919/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2025
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35096, Lincoln, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,362 (100%) |
| Owner Occupied HU | 2,979 (68.3%) |
| Renter Occupied HU | 695 (15.9%) |
| Vacant Housing Units | 688 (15.8%) |
| Median Home Value | $214,336 |
| Average Home Value | $316,954 |
Housing Distribution
Address Breakdown
Residential
3,801
Single Family
3,801
Multi-Family
0
Businesses
262
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ethan Kennedy • Lennar Homes Coastal Realty LL
Mls Name: GALMLS
Mls Provider:
Mls ID: #21417750
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.