385 Dead Lake RdCreolaAL36525
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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
Total monthly income runs $1,290/mo, and a $1,346/mo payment. Purchase price stands at $275,000, and rental yield measures 5.63% with $1,290/mo rent. Return on cash invested shows 14.64% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 74.53% and total cumulative return in cash records $67,943. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,290/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Multi Family
Built in 1990
2.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36525, Creola, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 766 (100%) |
| Owner Occupied HU | 558 (72.8%) |
| Renter Occupied HU | 158 (20.6%) |
| Vacant Housing Units | 50 ( 6.5%) |
| Median Home Value | $248,101 |
| Average Home Value | $275,139 |
Housing Distribution
Address Breakdown
Residential
723
Single Family
723
Multi-Family
0
Businesses
73
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Listed by: Lorrie Lister • eXp Realty Port City North
Mls Name: GCMLS
Mls Provider:
Mls ID: #7451341
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