31 August CtLincolnAL35096
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lincoln at 31 August Ct, Lincoln, AL, 35096 at $245,000 posts ROI 27.57% with $518/mo cash flow from $1,901/mo rent. Total monthly income equals $1,901/mo, and annual cash flow records $6,219/yr on $81,218 to close. Return on cash invested measures 27.57% and rental yield reads 9.31% at the current $245,000. Equity gained on principal adds $1,581/yr, and 5% annual appreciation supports $67,689 by year five. Five-year ROI prints 143.23% and total cumulative return in cash totals $116,328.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,901/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2023
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35096, Lincoln, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,362 (100%) |
| Owner Occupied HU | 2,979 (68.3%) |
| Renter Occupied HU | 695 (15.9%) |
| Vacant Housing Units | 688 (15.8%) |
| Median Home Value | $214,336 |
| Average Home Value | $316,954 |
Housing Distribution
Address Breakdown
Residential
3,801
Single Family
3,801
Multi-Family
0
Businesses
262
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shelly White • eXp Realty, LLC Central
Mls Name: GALMLS
Mls Provider:
Mls ID: #21404932
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.