2418 Surrey Ln SEDecaturAL35601
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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
Rental property for sale in Decatur at 2418 Surrey Ln SE, Decatur, AL, 35601 offers $4,220/mo rent that, after a $2,336/mo payment, leaves $1,526/mo cash flow. Total monthly income is $4,220/mo, and annual cash flow is $18,313/yr on $158,198 cash. Return on cash invested measures 31.49% in year one, and rental yield stands at 10.61% at a $477,219 entry. Equity gained on principal adds $3,079/yr while 5% annual appreciation compounds into $131,847 by year five. Five-year ROI records 164.24% and total cumulative return in cash reaches $259,819. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,220/mo property income versus a $2,336/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35601, Decatur, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,105 (100%) |
| Owner Occupied HU | 7,958 (52.7%) |
| Renter Occupied HU | 6,057 (40.1%) |
| Vacant Housing Units | 1,090 ( 7.2%) |
| Median Home Value | $173,990 |
| Average Home Value | $223,578 |
Housing Distribution
Address Breakdown
Residential
13,960
Single Family
12,999
Multi-Family
961
Businesses
2,056
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