282 Lakeview DrAbbevilleAL36310
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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 Abbeville at 282 Lakeview Dr, Abbeville, AL, 36310 priced at $576,000 pairs $2,304/mo rent with after a $2,819/mo payment. Total monthly income equals $2,304/mo. Return on cash invested is 13.84% in year one, and rental yield stands at 4.8% on a $576,000 basis. Equity gained on principal adds $3,717/yr, and 5% annual appreciation accumulates to $159,138 by year five. Five-year ROI measures 69.66% and total cumulative return in cash reaches $132,001. For financing, Ziffy Mortgage’s DSCR program evaluates $2,304/mo property income against a $2,819/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1990
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36310, Abbeville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,045 (100%) |
| Owner Occupied HU | 2,145 (53.0%) |
| Renter Occupied HU | 634 (15.7%) |
| Vacant Housing Units | 1,266 (31.3%) |
| Median Home Value | $126,862 |
| Average Home Value | $189,301 |
Housing Distribution
Address Breakdown
Residential
3,111
Single Family
3,111
Multi-Family
0
Businesses
248
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Listed by: DWAYNE BOWMAN • WEICHERT REALTORS JBR LEGACY GROUP
Mls Name: WBOR
Mls ID: #552664
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.