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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Lanett at 1804 10th St SW, Lanett, AL, 36863 earns $657/mo cash flow from $2,022/mo rent with a $1,184/mo payment. Total monthly income totals $2,022/mo, and annual cash flow totals $7,878/yr on $80,223 capital. ROI tracks 29.73% on current figures, and rental yield reads 10.03% at a $242,000 purchase. Equity gained on principal adds $1,562/yr, and 5% annual appreciation supports $66,860 over five years. Five-year ROI reaches 154.81% and total cumulative return in cash sums $124,194. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,022/mo property income instead of your personal income.
Single Family
Built in 2005
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 36863, Lanett, AL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,421 (100%) |
| Owner Occupied HU | 3,031 (55.9%) |
| Renter Occupied HU | 1,673 (30.9%) |
| Vacant Housing Units | 717 (13.2%) |
| Median Home Value | $140,542 |
| Average Home Value | $190,617 |
Residential
5,360
Single Family
5,305
Multi-Family
55
Businesses
421
Date | Event | Price |
|---|---|---|
| 2025-06-20 | Sold | $242,000 |
| 2025-05-13 | Pending sale | $249,900 |
| 2025-05-06 | Listed for sale | $249,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $876.44 | N/A | $18,420 | N/A |
| 2022-10-16 | $876.44 | 19.98% | $18,420 | 17.77% |
| 2021-10-16 | $730.49 | N/A | $15,640 | N/A |
Listed by: LORI TERRY • LORI TERRY HOME TOWN REALTY LLC
Mls Name: LCMLS
Mls ID: #174782
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.
