271 Lee Road 2163SalemAL36874
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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 Salem at 271 Lee Road 2163, Salem, AL, 36874 earns $635/mo cash flow from $2,159/mo rent with a $1,322/mo payment. Total monthly income totals $2,159/mo, and annual cash flow totals $7,614/yr on $89,505 capital. ROI tracks 28.42% on current figures, and rental yield reads 9.6% at a $270,000 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 147.79% and total cumulative return in cash sums $132,277. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,159/mo property income instead of your personal income.
Single Family
Built in 2008
1.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36874, Salem, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,334 (100%) |
| Owner Occupied HU | 3,276 (75.6%) |
| Renter Occupied HU | 622 (14.4%) |
| Vacant Housing Units | 436 (10.1%) |
| Median Home Value | $262,345 |
| Average Home Value | $280,571 |
Housing Distribution
Address Breakdown
Residential
3,886
Single Family
3,886
Multi-Family
0
Businesses
68
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Listed by: Lesley Williams • Wilson Realty Company
Mls Name: East Alabama BOR
Mls Provider:
Mls ID: #E100144
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.