188 Prince CirLaceys SpringAL35754
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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 Laceys Spring at 188 Prince Cir, Laceys Spring, AL, 35754 earns $933/mo cash flow from $2,400/mo rent with a $1,272/mo payment. Total monthly income totals $2,400/mo, and annual cash flow totals $11,197/yr on $86,157 capital. ROI tracks 32.9% on current figures, and rental yield reads 11.08% at a $259,900 purchase. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 over five years. Five-year ROI reaches 171.87% and total cumulative return in cash sums $148,078. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,400/mo property income instead of your personal income.
Manufactured
Built in 2007
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35754, Laceys Spring, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,371 (100%) |
| Owner Occupied HU | 1,681 (70.9%) |
| Renter Occupied HU | 444 (18.7%) |
| Vacant Housing Units | 246 (10.4%) |
| Median Home Value | $326,247 |
| Average Home Value | $328,328 |
Housing Distribution
Address Breakdown
Residential
2,221
Single Family
2,221
Multi-Family
0
Businesses
127
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Listed by: Brenda King • Re/Max Heritage
Mls Name: ValleyMLS
Mls ID: #21908210