270 Southern Lakes DrAshvilleAL35953
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
Investment Highlights
Investment property for sale in Ashville at 270 Southern Lakes Dr, Ashville, AL, 35953 at $577,427 posts ROI 21.18% with $178/mo cash flow from $3,445/mo rent. Total monthly income equals $3,445/mo, and annual cash flow records $2,131/yr on $189,973 to close. Return on cash invested measures 21.18% and rental yield reads 7.16% at the current $577,427. Equity gained on principal adds $3,726/yr, and 5% annual appreciation supports $159,532 by year five. Five-year ROI prints 108.94% and total cumulative return in cash totals $206,957.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,445/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2003
0.80 Acres lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35953, Ashville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,630 (100%) |
| Owner Occupied HU | 2,691 (74.1%) |
| Renter Occupied HU | 533 (14.7%) |
| Vacant Housing Units | 406 (11.2%) |
| Median Home Value | $232,113 |
| Average Home Value | $257,219 |
Housing Distribution
Address Breakdown
Residential
2,989
Single Family
2,989
Multi-Family
0
Businesses
203
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Nearby investment properties with comparable prices
Listed by: Dustin Ledbetter • DL Realty
Mls Name: MAAR
Mls Provider:
Mls ID: #565931
Disclaimer: Information is deemed reliable, but not guaranteed. Listing Information Copyright 2024 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS Inc. The information being provided is for consumers' personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS Inc. Real estate listings held by brokerage firms other than Zillow, Inc are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies.