14721 Lee Road 188WaverlyAL36879
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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 Waverly at 14721 Lee Road 188, Waverly, AL, 36879 uses $132,567 cash to close to unlock $8,077/yr annual cash flow and $673/mo monthly cash flow. Total monthly income runs $2,930/mo, and a $1,957/mo payment keeps the spread at $673/mo. Purchase price stands at $399,900, and rental yield measures 8.79% with $2,930/mo rent. Return on cash invested shows 26% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 134.84% and total cumulative return in cash records $178,748. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,930/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Single Family
Built in 2006
3.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36879, Waverly, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,487 (100%) |
| Owner Occupied HU | 1,154 (77.6%) |
| Renter Occupied HU | 181 (12.2%) |
| Vacant Housing Units | 152 (10.2%) |
| Median Home Value | $334,633 |
| Average Home Value | $380,295 |
Housing Distribution
Address Breakdown
Residential
1,299
Single Family
1,299
Multi-Family
0
Businesses
33
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Listed by: CATHERINE RAMEY • COLDWELL BANKER ALLIANCE
Mls Name: LCMLS
Mls ID: #175945
Disclaimer: The data relating to real estate for sale on this web-site comes in part from the Internet Data Exchange Program of Lee County Association of REALTORS. Information is deemed reliable but is not guaranteed.