21171 Highway 431, Lafayette, AL, 36862 | 5.55% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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21171 Highway 431, Lafayette, AL, 36862 | 5.55% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lafayette at 21171 Highway 431, Lafayette, AL, 36862 offers a 5.55% rental yield on a $415,000 purchase with $1,919/mo rent. 22% in year one. Equity gained on principal adds $2,678/yr while 5% annual appreciation supports $114,657 over five years. Portfolio math shows five-year ROI at 82.33% and total cumulative return in cash at $113,265. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,919/mo property income against a $2,031/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1952

8 Acres lot

$N/A/sqft

No HOA

More details about the property

This unique 8-acre property offers incredible potential with multiple parcels, ideal for investors, multi-generational living, or a live/work retreat. The land includes a fully renovated 3-bedroom, 2-bath 4 sided brick main house, a private lake lot and a separate farmhouse providing endless mixed-use possibilities. All properties on shared well. The main home has been completely gutted to the studs and rebuilt with high-end updates throughout: new sheetrock and brick interior walls, all new HVAC system and ductwork, updated electrical wiring and plumbing, brand-new cabinets, countertops, fixtures, and appliances, newly constructed deck with views of the lake. Durable metal roof (only 3-4 years old). Farmhouse has new roof, windows and appliances. Enjoy peaceful lakefront living with a private, stocked lake featuring crappie, bream, and bass-perfect for fishing and relaxing.

Neighborhood Data

Neighborhood data shown for ZIP Code: 36862, Lafayette, AL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,750 (100%)
Owner Occupied HU	1,680 (61.1%)
Renter Occupied HU	656 (23.9%)
Vacant Housing Units	414 (15.1%)
Median Home Value	$162,011
Average Home Value	$224,719