1445 County Road 104LexingtonAL35648
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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 Lexington at 1445 County Road 104, Lexington, AL, 35648 uses $88,511 cash to close to unlock $465/yr annual cash flow and $39/mo monthly cash flow. Total monthly income runs $1,546/mo, and a $1,307/mo payment keeps the spread at $39/mo. Purchase price stands at $267,000, and rental yield measures 6.95% with $1,546/mo rent. Return on cash invested shows 20.43% in year one, and 5% annual appreciation builds toward $73,767 over five years. Five-year ROI reaches 104.94% and total cumulative return in cash records $92,887. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,546/mo property income covering a $1,307/mo payment rather than investor’s personal income.
Single Family
Built in 1983
3.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35648, Lexington, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,801 (100%) |
| Owner Occupied HU | 1,269 (70.5%) |
| Renter Occupied HU | 307 (17.0%) |
| Vacant Housing Units | 225 (12.5%) |
| Median Home Value | $195,281 |
| Average Home Value | $251,491 |
Housing Distribution
Address Breakdown
Residential
1,718
Single Family
1,718
Multi-Family
0
Businesses
87
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Listed by: Melissa H Bunnell • Doublehead Realty
Mls Name: Strategic MLS Alliance
Mls ID: #522314
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.