233 Twin Lakes DrArabAL35016
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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 Arab at 233 Twin Lakes Dr, Arab, AL, 35016 earns $483/mo cash flow from $1,770/mo rent with a $1,116/mo payment. Total monthly income totals $1,770/mo, and annual cash flow totals $5,796/yr on $75,582 capital. ROI tracks 27.58% on current figures, and rental yield reads 9.32% at a $228,000 purchase. Equity gained on principal adds $1,471/yr, and 5% annual appreciation supports $62,992 over five years. Five-year ROI reaches 143.23% and total cumulative return in cash sums $108,255. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,770/mo property income instead of your personal income.
Single Family
Built in 1967
1.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35016, Arab, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,914 (100%) |
| Owner Occupied HU | 5,520 (69.7%) |
| Renter Occupied HU | 1,893 (23.9%) |
| Vacant Housing Units | 501 ( 6.3%) |
| Median Home Value | $222,561 |
| Average Home Value | $269,948 |
Housing Distribution
Address Breakdown
Residential
7,656
Single Family
7,333
Multi-Family
323
Businesses
643
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