3081 Lakeview CirSouthsideAL35907
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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 Southside at 3081 Lakeview Cir, Southside, AL, 35907 priced at $245,500 pairs $1,825/mo rent with $439/mo cash flow after a $1,202/mo payment. Total monthly income equals $1,825/mo, and annual cash flow comes to $5,267/yr on $81,383 invested. Return on cash invested is 26.38% in year one, and rental yield stands at 8.92% on a $245,500 basis. Equity gained on principal adds $1,584/yr, and 5% annual appreciation accumulates to $67,827 by year five. Five-year ROI measures 136.82% and total cumulative return in cash reaches $111,349. For financing, Ziffy Mortgage’s DSCR program evaluates $1,825/mo property income against a $1,202/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2008
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35907, Gadsden, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,944 (100%) |
| Owner Occupied HU | 3,383 (85.8%) |
| Renter Occupied HU | 342 ( 8.7%) |
| Vacant Housing Units | 219 ( 5.6%) |
| Median Home Value | $237,574 |
| Average Home Value | $280,457 |
Housing Distribution
Address Breakdown
Residential
3,874
Single Family
3,874
Multi-Family
0
Businesses
110
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Listed by: Christy Benitez • Keller Williams Realty Group
Mls Name: GALMLS
Mls Provider:
Mls ID: #21399699
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.