303 Lakeview DrDadevilleAL36853
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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 Dadeville at 303 Lakeview Dr, Dadeville, AL, 36853 priced at $815,000 pairs $10,200/mo rent with $5,600/mo cash flow after a $3,989/mo payment. Total monthly income equals $10,200/mo, and annual cash flow comes to $67,197/yr on $268,135 invested. Return on cash invested is 45.12% in year one, and rental yield stands at 15.02% on a $815,000 basis. Equity gained on principal adds $5,259/yr, and 5% annual appreciation accumulates to $225,169 by year five. Five-year ROI measures 237.28% and total cumulative return in cash reaches $636,241. For financing, Ziffy Mortgage’s DSCR program evaluates $10,200/mo property income against a $3,989/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2002
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36853, Dadeville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,361 (100%) |
| Owner Occupied HU | 3,057 (48.1%) |
| Renter Occupied HU | 809 (12.7%) |
| Vacant Housing Units | 2,495 (39.2%) |
| Median Home Value | $285,381 |
| Average Home Value | $381,098 |
Housing Distribution
Address Breakdown
Residential
5,570
Single Family
5,526
Multi-Family
44
Businesses
407
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Listed by: EMILY HOLT • EXP REALTY - ACUFF WEEKLEY GROUP
Mls Name: LCMLS
Mls ID: #176214
Disclaimer: The data relating to real estate for sale on this web-site comes in part from the Internet Data Exchange Program of Lee County Association of REALTORS. Information is deemed reliable but is not guaranteed.