23 River Grass DrLincolnAL35096
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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 Lincoln at 23 River Grass Dr, Lincoln, AL, 35096 with 5% annual appreciation on a $169,900 basis while $1,366/mo rent supports operations. Total monthly income totals $1,366/mo and a $832/mo payment preserves $381/mo for cash returns. Annual cash flow comes to $4,567/yr on $56,322 deployed, and return on cash invested reaches 28.02% in year one. Equity gained on principal adds $1,096/yr, and five-year appreciation sums $46,940 alongside rental yield of 9.65%. Five-year ROI measures 145.86% and total cumulative return in cash totals $82,154.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,366/mo property income versus a $832/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
$312 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35096, Lincoln, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,362 (100%) |
| Owner Occupied HU | 2,979 (68.3%) |
| Renter Occupied HU | 695 (15.9%) |
| Vacant Housing Units | 688 (15.8%) |
| Median Home Value | $214,336 |
| Average Home Value | $316,954 |
Housing Distribution
Address Breakdown
Residential
3,801
Single Family
3,801
Multi-Family
0
Businesses
262
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Listed by: Dillon Campbell • Lennar Homes Coastal Realty LL
Mls Name: GALMLS
Mls Provider:
Mls ID: #21427106
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.