2377 Lakeshore DrOneontaAL35121
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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 Oneonta at 2377 Lakeshore Dr, Oneonta, AL, 35121 with 5% annual appreciation on a $298,300 basis while $1,853/mo rent supports operations. Total monthly income totals $1,853/mo and a $1,460/mo payment preserves $169/mo for cash returns. Annual cash flow comes to $2,031/yr on $98,886 deployed, and return on cash invested reaches 21.96% in year one. Equity gained on principal adds $1,925/yr, and five-year appreciation sums $82,415 alongside rental yield of 7.45%. Five-year ROI measures 113.17% and total cumulative return in cash totals $111,906.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,853/mo property income versus a $1,460/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1973
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35121, Oneonta, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,877 (100%) |
| Owner Occupied HU | 4,695 (68.3%) |
| Renter Occupied HU | 1,583 (23.0%) |
| Vacant Housing Units | 599 ( 8.7%) |
| Median Home Value | $202,796 |
| Average Home Value | $247,068 |
Housing Distribution
Address Breakdown
Residential
6,618
Single Family
6,435
Multi-Family
183
Businesses
713
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