15015 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
Investment property for sale in Fosters at 15015 Lock 9 Rd, Fosters, AL, 35463 listed at $584,900 pairs $3,809/mo rent with a $2,863/mo payment to leave $507/mo cash flow. Total monthly income runs $3,809/mo, and annual cash flow reaches $6,088/yr on $192,432 cash to close. Return on cash invested measures 23.22% in year one, and rental yield registers 7.81% at a $584,900 basis. Equity gained on principal adds $3,774/yr, and annual property appreciation at 5% supports $161,597 by year five. Five-year ROI tracks 119.87% and total cumulative return in cash totals $230,675. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,809/mo property income relative to a $2,863/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2014
7 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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