149 Lovelady DrPlantersvilleAL36758
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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 Plantersville at 149 Lovelady Dr, Plantersville, AL, 36758 offers a 9.21% rental yield on a $102,900 purchase with $790/mo rent. Total monthly income registers $790/mo, and a $504/mo payment leaves $209/mo available for distribution. Annual cash flow reaches $2,506/yr on $34,111 to close, and return on cash invested stands at 27.26% in year one. Equity gained on principal adds $664/yr while 5% annual appreciation supports $28,429 over five years. Portfolio math shows five-year ROI at 141.57% and total cumulative return in cash at $48,290. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $790/mo property income against a $504/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
1.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36758, Plantersville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 643 (100%) |
| Owner Occupied HU | 464 (72.2%) |
| Renter Occupied HU | 104 (16.2%) |
| Vacant Housing Units | 75 (11.7%) |
| Median Home Value | $120,192 |
| Average Home Value | $184,423 |
Housing Distribution
Address Breakdown
Residential
579
Single Family
579
Multi-Family
0
Businesses
17
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Listed by: Dustin Ray Shannon • HOMESMART
Mls Name: My State MLS
Mls ID: #11361789