47 Alan StLaceys SpringAL35754
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 47 Alan St, Laceys Spring, AL, 35754 at $375,000 posts ROI 23.25% with $346/mo cash flow from $2,462/mo rent. Total monthly income equals $2,462/mo, and annual cash flow records $4,149/yr on $124,313 to close. Return on cash invested measures 23.25% and rental yield reads 7.88% at the current $375,000. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 by year five. Five-year ROI prints 120.02% and total cumulative return in cash totals $149,199.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,462/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1988
2 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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Nearby investment properties with comparable prices
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