530 Lakeside DrKillenAL35645
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
Rental property for sale in Killen at 530 Lakeside Dr, Killen, AL, 35645 priced at $192,000 pairs $1,444/mo rent with $360/mo cash flow after a $940/mo payment. Total monthly income equals $1,444/mo, and annual cash flow comes to $4,320/yr on $63,648 invested. Return on cash invested is 26.7% in year one, and rental yield stands at 9.03% on a $192,000 basis. Equity gained on principal adds $1,239/yr, and 5% annual appreciation accumulates to $53,046 by year five. Five-year ROI measures 138.52% and total cumulative return in cash reaches $88,168. For financing, Ziffy Mortgage’s DSCR program evaluates $1,444/mo property income against a $940/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
152 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35645, Killen, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,102 (100%) |
| Owner Occupied HU | 4,615 (75.6%) |
| Renter Occupied HU | 943 (15.5%) |
| Vacant Housing Units | 544 ( 8.9%) |
| Median Home Value | $274,541 |
| Average Home Value | $326,071 |
Housing Distribution
Address Breakdown
Residential
6,017
Single Family
6,017
Multi-Family
0
Businesses
289
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