16061 Lakeway DrLoxleyAL36551
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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 Loxley at 16061 Lakeway Dr, Loxley, AL, 36551 earns $582/mo cash flow from $2,946/mo rent with a $2,007/mo payment. Total monthly income totals $2,946/mo, and annual cash flow totals $6,978/yr on $135,915 capital. ROI tracks 25.04% on current figures, and rental yield reads 8.62% at a $410,000 purchase. Equity gained on principal adds $2,646/yr, and 5% annual appreciation supports $113,275 over five years. Five-year ROI reaches 129.83% and total cumulative return in cash sums $176,459. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,946/mo property income instead of your personal income.
Single Family
Built in 2006
0.43 Acres lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36551, Loxley, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,427 (100%) |
| Owner Occupied HU | 3,273 (73.9%) |
| Renter Occupied HU | 810 (18.3%) |
| Vacant Housing Units | 344 ( 7.8%) |
| Median Home Value | $286,735 |
| Average Home Value | $327,897 |
Housing Distribution
Address Breakdown
Residential
3,997
Single Family
3,917
Multi-Family
80
Businesses
260
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Listed by: John Le • Century 21 J Carter & Company
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #383922
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.