483 Lamon Chapel LoopJasperAL35503
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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 Jasper at 483 Lamon Chapel Loop, Jasper, AL, 35503 uses $74,256 cash to close to unlock $5,208/yr annual cash flow and $434/mo monthly cash flow. Total monthly income runs $1,698/mo, and a $1,096/mo payment keeps the spread at $434/mo. Purchase price stands at $224,000, and rental yield measures 9.1% with $1,698/mo rent. Return on cash invested shows 26.92% in year one, and 5% annual appreciation builds toward $61,887 over five years. Five-year ROI reaches 139.72% and total cumulative return in cash records $103,747. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,698/mo property income covering a $1,096/mo payment rather than investor’s personal income.
Single Family
Built in 2000
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35503, Jasper, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,833 (100%) |
| Owner Occupied HU | 2,681 (69.9%) |
| Renter Occupied HU | 753 (19.6%) |
| Vacant Housing Units | 399 (10.4%) |
| Median Home Value | $161,400 |
| Average Home Value | $189,766 |
Housing Distribution
Address Breakdown
Residential
3,966
Single Family
3,966
Multi-Family
0
Businesses
179
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Listed by: AGENT NON-MEMBER • CULLMAN ASSOCIATION OF REALTORS
Mls Name: Strategic MLS Alliance
Mls ID: #519793
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.