203 N Oak Park DrLexingtonAL35648
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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 Lexington at 203 N Oak Park Dr, Lexington, AL, 35648 with 5% annual appreciation on a $237,500 basis while $1,828/mo rent supports operations. Total monthly income totals $1,828/mo and a $1,162/mo payment preserves $488/mo for cash returns. Annual cash flow comes to $5,854/yr on $78,731 deployed, and return on cash invested reaches 27.34% in year one. Equity gained on principal adds $1,533/yr, and five-year appreciation sums $65,617 alongside rental yield of 9.24%. Five-year ROI measures 142% and total cumulative return in cash totals $111,801.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,828/mo property income versus a $1,162/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1963
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35648, Lexington, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,801 (100%) |
| Owner Occupied HU | 1,269 (70.5%) |
| Renter Occupied HU | 307 (17.0%) |
| Vacant Housing Units | 225 (12.5%) |
| Median Home Value | $195,281 |
| Average Home Value | $251,491 |
Housing Distribution
Address Breakdown
Residential
1,718
Single Family
1,718
Multi-Family
0
Businesses
87
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Listed by: Beth Fields • BrickDriven Realty - Rogersvil
Mls Name: Strategic MLS Alliance
Mls ID: #518318
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.