313 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 313 Lakeview Dr, Dadeville, AL, 36853 priced at $579,000 pairs $2,009/mo rent with after a $2,834/mo payment. Total monthly income equals $2,009/mo. Return on cash invested is 12.13% in year one, and rental yield stands at 4.16% on a $579,000 basis. Equity gained on principal adds $3,736/yr, and 5% annual appreciation accumulates to $159,967 by year five. Five-year ROI measures 60.35% and total cumulative return in cash reaches $114,967. For financing, Ziffy Mortgage’s DSCR program evaluates $2,009/mo property income against a $2,834/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2018
0.41 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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