168 Lakeview DrClevelandAL35049
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Cleveland at 168 Lakeview Dr, Cleveland, AL, 35049 priced at $187,000 pairs $1,720/mo rent with $665/mo cash flow after a $915/mo payment. Total monthly income equals $1,720/mo, and annual cash flow comes to $7,977/yr on $61,991 invested. Return on cash invested is 32.78% in year one, and rental yield stands at 11.04% on a $187,000 basis. Equity gained on principal adds $1,207/yr, and 5% annual appreciation accumulates to $51,665 by year five. Five-year ROI measures 171.15% and total cumulative return in cash reaches $106,098. For financing, Ziffy Mortgage’s DSCR program evaluates $1,720/mo property income against a $915/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1990
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35049, Cleveland, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,767 (100%) |
| Owner Occupied HU | 1,347 (76.2%) |
| Renter Occupied HU | 289 (16.4%) |
| Vacant Housing Units | 131 ( 7.4%) |
| Median Home Value | $188,393 |
| Average Home Value | $240,349 |
Housing Distribution
Address Breakdown
Residential
1,559
Single Family
1,559
Multi-Family
0
Businesses
100
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