3359 Lakeland Dr SWMadisonAL35756
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 Madison at 3359 Lakeland Dr SW, Madison, AL, 35756 uses $67,792 cash to close to unlock $7,989/yr annual cash flow and $666/mo monthly cash flow. Total monthly income runs $1,831/mo, and a $1,001/mo payment keeps the spread at $666/mo. Purchase price stands at $204,500, and rental yield measures 10.74% with $1,831/mo rent. Return on cash invested shows 31.69% in year one, and 5% annual appreciation builds toward $56,500 over five years. Five-year ROI reaches 165.39% and total cumulative return in cash records $112,121. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,831/mo property income covering a $1,001/mo payment rather than investor’s personal income.
Single Family
Built in 2009
6,969 sqft lot
$N/A/sqft
$130 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35756, Madison, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,939 (100%) |
| Owner Occupied HU | 8,528 (71.4%) |
| Renter Occupied HU | 2,284 (19.1%) |
| Vacant Housing Units | 1,127 ( 9.4%) |
| Median Home Value | $418,344 |
| Average Home Value | $441,883 |
Housing Distribution
Address Breakdown
Residential
11,561
Single Family
11,001
Multi-Family
560
Businesses
339
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michelle Daymond • A.H. Sothebys Int. Realty
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21873202
Disclaimer: Properties marked with this icon are provided courtesy of the Valley MLS IDX Database. Some or all of the listings displayed may not belong to the firm whose website is being visited. All information provided is deemed reliable but is not guaranteed and should be independently verified. Copyright 2025 Valley MLS