3205 Lakewood DrJasperAL35501
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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 Jasper at 3205 Lakewood Dr, Jasper, AL, 35501 priced at $841,600 converts $1,547/mo rent into after a $4,119/mo obligation. Total monthly income equals $1,547/mo. Return on cash invested prints 6.18% in year one, and rental yield reads 2.21% against a $841,600 entry. Equity gained on principal adds $5,431/yr, while 5% annual appreciation compiles into $232,519 by year five. Five-year ROI reaches 28.45% and total cumulative return in cash sums $78,768. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,547/mo property income covering a $4,119/mo payment, not borrower’s personal income.
Single Family
Built in 1979
69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35501, Jasper, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,603 (100%) |
| Owner Occupied HU | 2,465 (53.6%) |
| Renter Occupied HU | 1,548 (33.6%) |
| Vacant Housing Units | 590 (12.8%) |
| Median Home Value | $172,115 |
| Average Home Value | $247,089 |
Housing Distribution
Address Breakdown
Residential
4,604
Single Family
4,455
Multi-Family
149
Businesses
952
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