1859 Lee Road 288Smiths StationAL36877
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
Investment property for sale in Smiths Station at 1859 Lee Road 288, Smiths Station, AL, 36877 uses $164,590 cash to close to unlock $211/yr annual cash flow and $18/mo monthly cash flow. Total monthly income runs $2,820/mo, and a $2,430/mo payment keeps the spread at $18/mo. Purchase price stands at $496,500, and rental yield measures 6.82% with $2,820/mo rent. Return on cash invested shows 20.04% in year one, and 5% annual appreciation builds toward $137,174 over five years. Five-year ROI reaches 102.82% and total cumulative return in cash records $169,237. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,820/mo property income covering a $2,430/mo payment rather than investor’s personal income.
Single Family
Built in 2025
2.93 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: BRENT NEWSOME • KELLER WILLIAMS REALTY RIVER CITIES III
Mls Name: LCMLS
Mls ID: #174579
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.