1916 Lapaz AveSaralandAL36571
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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
Rental property for sale in Saraland at 1916 Lapaz Ave, Saraland, AL, 36571 priced at $284,500 converts $1,782/mo rent into $177/mo cash flow after a $1,392/mo obligation. Total monthly income equals $1,782/mo, and annual cash flow totals $2,120/yr on $94,312 invested. Return on cash invested prints 22.16% in year one, and rental yield reads 7.52% against a $284,500 entry. Equity gained on principal adds $1,836/yr, while 5% annual appreciation compiles into $78,602 by year five. Five-year ROI reaches 114.19% and total cumulative return in cash sums $107,693. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,782/mo property income covering a $1,392/mo payment, not borrower’s personal income.
Single Family
Built in 1995
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36571, Saraland, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,183 (100%) |
| Owner Occupied HU | 4,858 (67.6%) |
| Renter Occupied HU | 1,840 (25.6%) |
| Vacant Housing Units | 485 ( 6.8%) |
| Median Home Value | $226,544 |
| Average Home Value | $253,096 |
Housing Distribution
Address Breakdown
Residential
7,051
Single Family
6,242
Multi-Family
809
Businesses
737
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Listed by: Marla Rogers • MarMac Real Estate Coastal
Mls Name: GCMLS
Mls Provider:
Mls ID: #7449036
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.