303 Lakeview DrAndalusiaAL36420
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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 Andalusia at 303 Lakeview Dr, Andalusia, AL, 36420 with 5% annual appreciation on a $250,000 basis while $1,399/mo rent supports operations. 41% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,070 alongside rental yield of 6.72%. Five-year ROI measures 99.59% and total cumulative return in cash totals $82,534. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,399/mo property income versus a $1,224/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36420, Andalusia, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,481 (100%) |
| Owner Occupied HU | 3,159 (57.6%) |
| Renter Occupied HU | 1,431 (26.1%) |
| Vacant Housing Units | 891 (16.3%) |
| Median Home Value | $197,120 |
| Average Home Value | $227,225 |
Housing Distribution
Address Breakdown
Residential
4,749
Single Family
4,679
Multi-Family
70
Businesses
842
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Listed by: Brenda Miller • Simply South Realty LLC
Mls Name: Wiregrass BOR
Mls ID: #554377
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.