340 Lane Park TrlAlabasterAL35114
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 Alabaster at 340 Lane Park Trl, Alabaster, AL, 35114 listed at $410,000 pairs $2,711/mo rent with a $2,007/mo payment to leave $373/mo cash flow. Total monthly income runs $2,711/mo, and annual cash flow reaches $4,473/yr on $135,915 cash to close. Return on cash invested measures 23.2% in year one, and rental yield registers 7.93% at a $410,000 basis. Equity gained on principal adds $2,646/yr, and annual property appreciation at 5% supports $113,275 by year five. Five-year ROI tracks 119.85% and total cumulative return in cash totals $162,899. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,711/mo property income relative to a $2,007/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
0.27 Acres lot
$N/A/sqft
$265 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35114, Maylene, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,770 (100%) |
| Owner Occupied HU | 2,416 (87.2%) |
| Renter Occupied HU | 277 ( 10.0%) |
| Vacant Housing Units | 77 ( 2.8%) |
| Median Home Value | $326,461 |
| Average Home Value | $331,081 |
Housing Distribution
Address Breakdown
Residential
2,784
Single Family
2,784
Multi-Family
0
Businesses
20
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Millard • eXp Realty, LLC Central
Mls Name: GALMLS
Mls Provider:
Mls ID: #21391414
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.