403 1st Pl SWLafayetteAL36862
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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 Lafayette at 403 1st Pl SW, Lafayette, AL, 36862 listed at $169,900 pairs $1,291/mo rent with a $832/mo payment to leave $332/mo cash flow. Total monthly income runs $1,291/mo, and annual cash flow reaches $3,979/yr on $56,322 cash to close. Return on cash invested measures 26.97% in year one, and rental yield registers 9.12% at a $169,900 basis. Equity gained on principal adds $1,096/yr, and annual property appreciation at 5% supports $46,940 by year five. Five-year ROI tracks 140.03% and total cumulative return in cash totals $78,866. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,291/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36862, Lafayette, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,750 (100%) |
| Owner Occupied HU | 1,680 (61.1%) |
| Renter Occupied HU | 656 (23.9%) |
| Vacant Housing Units | 414 (15.1%) |
| Median Home Value | $162,011 |
| Average Home Value | $224,719 |
Housing Distribution
Address Breakdown
Residential
2,413
Single Family
2,413
Multi-Family
0
Businesses
210
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