2216 Lakeside DrMc CallaAL35111
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Mc Calla at 2216 Lakeside Dr, Mc Calla, AL, 35111 priced at $395,000 converts $2,366/mo rent into $126/mo cash flow after a $1,933/mo obligation. Total monthly income equals $2,366/mo, and annual cash flow totals $1,506/yr on $130,943 invested. Return on cash invested prints 21.06% in year one, and rental yield reads 7.19% against a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation compiles into $109,131 by year five. Five-year ROI reaches 108.35% and total cumulative return in cash sums $141,870. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,366/mo property income covering a $1,933/mo payment, not borrower’s personal income.
Single Family
Built in 1967
0.46 Acres lot
$N/A/sqft
$135 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35111, Mc Calla, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,079 (100%) |
| Owner Occupied HU | 6,659 (82.4%) |
| Renter Occupied HU | 881 (10.9%) |
| Vacant Housing Units | 539 ( 6.7%) |
| Median Home Value | $291,463 |
| Average Home Value | $316,877 |
Housing Distribution
Address Breakdown
Residential
7,145
Single Family
7,098
Multi-Family
47
Businesses
357
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chancie Rogers • Keller Williams Realty Hoover
Mls Name: GALMLS
Mls Provider:
Mls ID: #21416274
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.