151 Addison WaySmiths StationAL36877
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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 Smiths Station at 151 Addison Way, Smiths Station, AL, 36877 offers $2,820/mo rent that, after a $1,801/mo payment, leaves $743/mo cash flow. Total monthly income is $2,820/mo, and annual cash flow is $8,916/yr on $121,992 cash. Return on cash invested measures 27.22% in year one, and rental yield stands at 9.2% at a $368,000 entry. Equity gained on principal adds $2,375/yr while 5% annual appreciation compounds into $101,672 by year five. Five-year ROI records 141.32% and total cumulative return in cash reaches $172,393. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,820/mo property income versus a $1,801/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36877, Smiths, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,603 (100%) |
| Owner Occupied HU | 3,741 (66.8%) |
| Renter Occupied HU | 1,540 (27.5%) |
| Vacant Housing Units | 322 ( 5.7%) |
| Median Home Value | $289,532 |
| Average Home Value | $326,925 |
Housing Distribution
Address Breakdown
Residential
5,334
Single Family
5,052
Multi-Family
282
Businesses
243
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Listed by: ROZI DOVER • HOMELINK REALTY
Mls Name: LCMLS
Mls ID: #174776
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.