21649 Lovell LnElkmontAL35620
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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 Elkmont at 21649 Lovell Ln, Elkmont, AL, 35620 earns $487/mo cash flow from $1,618/mo rent with a $981/mo payment. Total monthly income totals $1,618/mo, and annual cash flow totals $5,840/yr on $66,433 capital. ROI tracks 28.7% on current figures, and rental yield reads 9.69% at a $200,400 purchase. Equity gained on principal adds $1,293/yr, and 5% annual appreciation supports $55,367 over five years. Five-year ROI reaches 149.3% and total cumulative return in cash sums $99,181. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,618/mo property income instead of your personal income.
Single Family
Built in 1993
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35620, Elkmont, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,045 (100%) |
| Owner Occupied HU | 3,136 (77.5%) |
| Renter Occupied HU | 705 (17.4%) |
| Vacant Housing Units | 204 ( 5.0%) |
| Median Home Value | $262,939 |
| Average Home Value | $298,829 |
Housing Distribution
Address Breakdown
Residential
4,065
Single Family
4,065
Multi-Family
0
Businesses
117
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