334 Lee Road 2154SalemAL36874
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 Salem at 334 Lee Road 2154, Salem, AL, 36874 earns $348/mo cash flow from $3,028/mo rent with a $2,324/mo payment. Total monthly income totals $3,028/mo, and annual cash flow totals $4,174/yr on $157,429 capital. ROI tracks 22.56% on current figures, and rental yield reads 7.65% at a $474,900 purchase. Equity gained on principal adds $3,064/yr, and 5% annual appreciation supports $131,206 over five years. Five-year ROI reaches 116.34% and total cumulative return in cash sums $183,155. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,028/mo property income instead of your personal income.
Single Family
Built in 2018
1.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36874, Salem, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,334 (100%) |
| Owner Occupied HU | 3,276 (75.6%) |
| Renter Occupied HU | 622 (14.4%) |
| Vacant Housing Units | 436 (10.1%) |
| Median Home Value | $262,345 |
| Average Home Value | $280,571 |
Housing Distribution
Address Breakdown
Residential
3,886
Single Family
3,886
Multi-Family
0
Businesses
68
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: SHERRI MCCOLLUM • REALTYSOUTH AUBURN AND LAKE MARTIN
Mls Name: LCMLS
Mls ID: #172962
Disclaimer: The data relating to real estate for sale on this web-site comes in part from the Internet Data Exchange Program of Lee County Association of REALTORS. Information is deemed reliable but is not guaranteed.