310 Airport LnLillianAL36549
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
Rental property for sale in Lillian at 310 Airport Ln, Lillian, AL, 36549 offers $1,012/mo rent that, after a $646/mo payment, leaves $193/mo cash flow. Total monthly income is $1,012/mo, and annual cash flow is $2,316/yr on $43,758 cash. Return on cash invested measures 25.2% in year one, and rental yield stands at 9.2% at a $132,000 entry. Equity gained on principal adds $852/yr while 5% annual appreciation compounds into $36,469 by year five. Five-year ROI records 131.21% and total cumulative return in cash reaches $57,415. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,012/mo property income versus a $646/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1996
3,746 sqft lot
$N/A/sqft
$74 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36549, Lillian, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,609 (100%) |
| Owner Occupied HU | 2,601 (72.1%) |
| Renter Occupied HU | 293 ( 8.1%) |
| Vacant Housing Units | 715 (19.8%) |
| Median Home Value | $260,289 |
| Average Home Value | $291,528 |
Housing Distribution
Address Breakdown
Residential
3,327
Single Family
3,327
Multi-Family
0
Businesses
111
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephen Hickman • Keller Williams Mobile
Mls Name: GCMLS
Mls Provider:
Mls ID: #7550032
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.