41 Lancelot CvJasperAL35501
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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
Rental property for sale in Jasper at 41 Lancelot Cv, Jasper, AL, 35501 priced at $244,990 converts $2,100/mo rent into $717/mo cash flow after a $1,199/mo obligation. Total monthly income equals $2,100/mo, and annual cash flow totals $8,607/yr on $81,214 invested. Return on cash invested prints 30.51% in year one, and rental yield reads 10.29% against a $244,990 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation compiles into $67,686 by year five. Five-year ROI reaches 159.01% and total cumulative return in cash sums $129,141. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,100/mo property income covering a $1,199/mo payment, not borrower’s personal income.
Single Family
Built in 2024
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35501, Jasper, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,603 (100%) |
| Owner Occupied HU | 2,465 (53.6%) |
| Renter Occupied HU | 1,548 (33.6%) |
| Vacant Housing Units | 590 (12.8%) |
| Median Home Value | $172,115 |
| Average Home Value | $247,089 |
Housing Distribution
Address Breakdown
Residential
4,604
Single Family
4,455
Multi-Family
149
Businesses
952
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Listed by: Octavia Valencia • WJH LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21402764
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.