23764 Oakleigh DrLoxleyAL36551
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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 Loxley at 23764 Oakleigh Dr, Loxley, AL, 36551 uses $82,842 cash to close to unlock $8,995/yr annual cash flow and $750/mo monthly cash flow. Total monthly income runs $2,160/mo, and a $1,223/mo payment keeps the spread at $750/mo. Purchase price stands at $249,900, and rental yield measures 10.37% with $2,160/mo rent. Return on cash invested shows 30.77% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 160.39% and total cumulative return in cash records $132,866. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,160/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Manufactured
Built in 1999
2.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36551, Loxley, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,427 (100%) |
| Owner Occupied HU | 3,273 (73.9%) |
| Renter Occupied HU | 810 (18.3%) |
| Vacant Housing Units | 344 ( 7.8%) |
| Median Home Value | $286,735 |
| Average Home Value | $327,897 |
Housing Distribution
Address Breakdown
Residential
3,997
Single Family
3,917
Multi-Family
80
Businesses
260
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