63 Lake DrCropwellAL35054
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
Investment property for sale in Cropwell at 63 Lake Dr, Cropwell, AL, 35054 at $145,000 posts ROI 28.1% with $328/mo cash flow from $1,147/mo rent. Total monthly income equals $1,147/mo, and annual cash flow records $3,939/yr on $48,068 to close. Return on cash invested measures 28.1% and rental yield reads 9.49% at the current $145,000. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 by year five. Five-year ROI prints 146.16% and total cumulative return in cash totals $70,256.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,147/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35054, Cropwell, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,273 (100%) |
| Owner Occupied HU | 1,551 (68.2%) |
| Renter Occupied HU | 278 (12.2%) |
| Vacant Housing Units | 444 (19.5%) |
| Median Home Value | $328,886 |
| Average Home Value | $330,409 |
Housing Distribution
Address Breakdown
Residential
2,027
Single Family
2,027
Multi-Family
0
Businesses
140
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