29331 Easter Ferry RdLesterAL35647
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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 Lester at 29331 Easter Ferry Rd, Lester, AL, 35647 earns $511/mo cash flow from $1,639/mo rent with a $978/mo payment. Total monthly income totals $1,639/mo, and annual cash flow totals $6,133/yr on $66,267 capital. ROI tracks 29.16% on current figures, and rental yield reads 9.84% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 151.82% and total cumulative return in cash sums $100,609. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,639/mo property income instead of your personal income.
Single Family
Built in 1968
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35647, Lester, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 527 (100%) |
| Owner Occupied HU | 378 (71.7%) |
| Renter Occupied HU | 84 (15.9%) |
| Vacant Housing Units | 65 (12.3%) |
| Median Home Value | $405,263 |
| Average Home Value | $370,774 |
Housing Distribution
Address Breakdown
Residential
507
Single Family
507
Multi-Family
0
Businesses
17
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