380 NE Fields RdLaceys SpringAL35754
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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
Investment property for sale in Laceys Spring at 380 NE Fields Rd, Laceys Spring, AL, 35754 with 5% annual appreciation on a $1,300,000 basis while $2,400/mo rent supports operations. 3% in year one. Equity gained on principal adds $8,389/yr, and five-year appreciation sums $359,166 alongside rental yield of 2.22%. Five-year ROI measures 29.04% and total cumulative return in cash totals $122,307. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,400/mo property income versus a $6,363/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2012
24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35754, Laceys Spring, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,371 (100%) |
| Owner Occupied HU | 1,681 (70.9%) |
| Renter Occupied HU | 444 (18.7%) |
| Vacant Housing Units | 246 (10.4%) |
| Median Home Value | $326,247 |
| Average Home Value | $328,328 |
Housing Distribution
Address Breakdown
Residential
2,221
Single Family
2,221
Multi-Family
0
Businesses
127
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Listed by: Susan Baldwin • Keller Williams Horizon
Mls Name: ValleyMLS
Mls ID: #21899283