251 Lee Road 2234Smiths StationAL36877
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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 Smiths Station at 251 Lee Road 2234, Smiths Station, AL, 36877 generates $2,820/mo in rent and, after a $2,273/mo payment, leaves $199/mo in cash flow. Total monthly income is $2,820/mo, and annual cash flow is $2,384/yr on $153,949 invested. Return on cash invested sits at 21.46% in year one, and rental yield is 7.29% on a $464,400 entry. Equity gained on principal adds $2,997/yr, while 5% annual appreciation builds toward $128,305 over five years. Five-year ROI reaches 110.44% and total cumulative return in cash sums $170,019. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,820/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36877, Smiths, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,603 (100%) |
| Owner Occupied HU | 3,741 (66.8%) |
| Renter Occupied HU | 1,540 (27.5%) |
| Vacant Housing Units | 322 ( 5.7%) |
| Median Home Value | $289,532 |
| Average Home Value | $326,925 |
Housing Distribution
Address Breakdown
Residential
5,334
Single Family
5,052
Multi-Family
282
Businesses
243
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Listed by: LISA BANCER • HUGHSTON HOMES MARKETING
Mls Name: LCMLS
Mls ID: #175056
Disclaimer: The data relating to real estate for sale on this web-site comes in part from the Internet Data Exchange Program of Lee County Association of REALTORS. Information is deemed reliable but is not guaranteed.