2465 Lagrange RdLeightonAL35646
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 2465 Lagrange Rd, Leighton, AL, 35646 in Leighton. Rental yield 5.48%. At $384,500 with 5.48% gross yield, current distributions are modest, but the 5% appreciation rate projects $106,230 in new equity by year five, complemented by $3,541/yr in principal paydown. Ziffy Mortgage's DSCR loan (1.01) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $118,112.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.5% | 7.5% |
| Monthly Cash Flow | $(416) | $300 |
City averages based on Leighton market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,754 |
| Total Monthly Debt Service | $2,017 |
| DSCR Ratio | 0.87x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1964
12.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35646, Leighton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,173 (100%) |
| Owner Occupied HU | 1,512 (69.6%) |
| Renter Occupied HU | 404 (18.6%) |
| Vacant Housing Units | 257 (11.8%) |
| Median Home Value | $154,526 |
| Average Home Value | $198,896 |
Housing Distribution
Address Breakdown
Residential
1,800
Single Family
1,800
Multi-Family
0
Businesses
111
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1964
12.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35646, Leighton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,173 (100%) |
| Owner Occupied HU | 1,512 (69.6%) |
| Renter Occupied HU | 404 (18.6%) |
| Vacant Housing Units | 257 (11.8%) |
| Median Home Value | $154,526 |
| Average Home Value | $198,896 |
Housing Distribution
Address Breakdown
Residential
1,800
Single Family
1,800
Multi-Family
0
Businesses
111
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices