591 Farm Supply RdLaceys SpringAL35754
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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 Laceys Spring at 591 Farm Supply Rd, Laceys Spring, AL, 35754 uses $115,992 cash to close to unlock $943/yr annual cash flow and $79/mo monthly cash flow. Total monthly income runs $2,054/mo, and a $1,713/mo payment keeps the spread at $79/mo. Purchase price stands at $349,900, and rental yield measures 7.04% with $2,054/mo rent. Return on cash invested shows 20.72% in year one, and 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 106.49% and total cumulative return in cash records $123,522. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,054/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1971
1.04 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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Listed by: Brenda King • Re/Max Heritage
Mls Name: ValleyMLS
Mls ID: #21896485