14452 Lock 9 RdFostersAL35463
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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 14452 Lock 9 Rd, Fosters, AL, 35463 generates $1,880/mo in rent and, after a $1,189/mo payment, leaves $509/mo in cash flow. Total monthly income is $1,880/mo, and annual cash flow is $6,106/yr on $80,521 invested. Return on cash invested sits at 27.49% in year one, and rental yield is 9.29% on a $242,900 entry. Equity gained on principal adds $1,567/yr, while 5% annual appreciation builds toward $67,109 over five years. Five-year ROI reaches 142.79% and total cumulative return in cash sums $114,973. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,880/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
1.10 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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