56 Lyle DrDecaturAL35603
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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 Decatur at 56 Lyle Dr, Decatur, AL, 35603 earns $494/mo cash flow from $2,238/mo rent with a $1,512/mo payment. Total monthly income totals $2,238/mo, and annual cash flow totals $5,931/yr on $102,434 capital. ROI tracks 25.7% on current figures, and rental yield reads 8.69% at a $309,000 purchase. Equity gained on principal adds $1,994/yr, and 5% annual appreciation supports $85,371 over five years. Five-year ROI reaches 133.19% and total cumulative return in cash sums $136,433. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,238/mo property income instead of your personal income.
Single Family
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35603, Decatur, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,772 (100%) |
| Owner Occupied HU | 9,786 (66.2%) |
| Renter Occupied HU | 4,228 (28.6%) |
| Vacant Housing Units | 758 ( 5.1%) |
| Median Home Value | $258,997 |
| Average Home Value | $295,900 |
Housing Distribution
Address Breakdown
Residential
14,489
Single Family
13,004
Multi-Family
1,485
Businesses
624
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Listed by: Blake Wright • Southern Oak Properties, Inc
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21890258
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