44164 State Highway 78 #103LincolnAL35096
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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 Lincoln at 44164 State Highway 78 #103, Lincoln, AL, 35096 generates $1,763/mo in rent, after a $1,908/mo payment. Total monthly income is $1,763/mo. Return on cash invested sits at 15.85% in year one, and rental yield is 5.43% on a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 80.36% and total cumulative return in cash sums $103,873. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,763/mo property income rather than buyer’s personal income.
Condo
Built in 2011
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35096, Lincoln, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,362 (100%) |
| Owner Occupied HU | 2,979 (68.3%) |
| Renter Occupied HU | 695 (15.9%) |
| Vacant Housing Units | 688 (15.8%) |
| Median Home Value | $214,336 |
| Average Home Value | $316,954 |
Housing Distribution
Address Breakdown
Residential
3,801
Single Family
3,801
Multi-Family
0
Businesses
262
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Listed by: Nicole Anderson • LAKE HOMES REALTY LLC dba LHR of West Alabama
Mls Name: GALMLS
Mls Provider:
Mls ID: #21411906
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.