1172 E Lakeshore DrDouble SpringsAL35553
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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 Double Springs at 1172 E Lakeshore Dr, Double Springs, AL, 35553 with 5% annual appreciation on a $578,900 basis while $3,226/mo rent supports operations. 77% in year one. Equity gained on principal adds $3,736/yr, and five-year appreciation sums $159,939 alongside rental yield of 6.69%. Five-year ROI measures 101.35% and total cumulative return in cash totals $193,031. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,226/mo property income versus a $2,833/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2002
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35553, Double Springs, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,404 (100%) |
| Owner Occupied HU | 1,438 (59.8%) |
| Renter Occupied HU | 370 (15.4%) |
| Vacant Housing Units | 596 (24.8%) |
| Median Home Value | $92,361 |
| Average Home Value | $160,070 |
Housing Distribution
Address Breakdown
Residential
1,937
Single Family
1,937
Multi-Family
0
Businesses
162
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Listed by: N/A • N/A
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