274 Apple Grove RdLaceys SpringAL35754
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 Laceys Spring at 274 Apple Grove Rd, Laceys Spring, AL, 35754 uses $53,604 cash to close to unlock $7,303/yr annual cash flow and $609/mo monthly cash flow. Total monthly income runs $1,543/mo, and a $791/mo payment keeps the spread at $609/mo. Purchase price stands at $161,700, and rental yield measures 11.45% with $1,543/mo rent. Return on cash invested shows 33.53% in year one, and 5% annual appreciation builds toward $44,675 over five years. Five-year ROI reaches 175.41% and total cumulative return in cash records $94,027. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,543/mo property income covering a $791/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35754, Laceys Spring, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,371 (100%) |
| Owner Occupied HU | 1,681 (70.9%) |
| Renter Occupied HU | 444 (18.7%) |
| Vacant Housing Units | 246 (10.4%) |
| Median Home Value | $326,247 |
| Average Home Value | $328,328 |
Housing Distribution
Address Breakdown
Residential
2,221
Single Family
2,221
Multi-Family
0
Businesses
127
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A