12845 Lackey LnFostersAL35463
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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
Rental property for sale in Fosters at 12845 Lackey Ln, Fosters, AL, 35463 generates $2,668/mo in rent, after a $2,447/mo payment. Total monthly income is $2,668/mo. Return on cash invested sits at 18.79% in year one, and rental yield is 6.4% on a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 96.17% and total cumulative return in cash sums $159,372. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,668/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
1.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35463, Fosters, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 790 (100%) |
| Owner Occupied HU | 626 (79.2%) |
| Renter Occupied HU | 78 ( 9.9%) |
| Vacant Housing Units | 86 (10.9%) |
| Median Home Value | $286,747 |
| Average Home Value | $304,868 |
Housing Distribution
Address Breakdown
Residential
706
Single Family
706
Multi-Family
0
Businesses
50
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Listed by: Dana Oglesby • RE/MAX PREMIERE GROUP
Mls Name: WAMLS
Mls Provider:
Mls ID: #169088
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.