607 Lee Road 288Smiths StationAL36877
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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 Smiths Station at 607 Lee Road 288, Smiths Station, AL, 36877 earns from $3,379/mo rent with a $4,185/mo payment. Total monthly income totals $3,379/mo. ROI tracks 13.89% on current figures, and rental yield reads 4.74% at a $855,000 purchase. Equity gained on principal adds $5,517/yr, and 5% annual appreciation supports $236,221 over five years. Five-year ROI reaches 69.79% and total cumulative return in cash sums $196,303. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,379/mo property income instead of your personal income.
Single Family
Built in 2012
38.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36877, Smiths, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,603 (100%) |
| Owner Occupied HU | 3,741 (66.8%) |
| Renter Occupied HU | 1,540 (27.5%) |
| Vacant Housing Units | 322 ( 5.7%) |
| Median Home Value | $289,532 |
| Average Home Value | $326,925 |
Housing Distribution
Address Breakdown
Residential
5,334
Single Family
5,052
Multi-Family
282
Businesses
243
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Listed by: BRENT NEWSOME • KELLER WILLIAMS REALTY RIVER CITIES III
Mls Name: LCMLS
Mls ID: #170491
Disclaimer: The data relating to real estate for sale on this web-site comes in part from the Internet Data Exchange Program of Lee County Association of REALTORS. Information is deemed reliable but is not guaranteed.