64 Starlight LnDadevilleAL36853
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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
Rental property for sale in Dadeville at 64 Starlight Ln, Dadeville, AL, 36853 priced at $999,500 converts $2,353/mo rent into after a $4,892/mo obligation. Total monthly income equals $2,353/mo. Return on cash invested prints 8.06% in year one, and rental yield reads 2.83% against a $999,500 entry. Equity gained on principal adds $6,450/yr, while 5% annual appreciation compiles into $276,143 by year five. Five-year ROI reaches 38.55% and total cumulative return in cash sums $126,759. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,353/mo property income covering a $4,892/mo payment, not borrower’s personal income.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36853, Dadeville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,361 (100%) |
| Owner Occupied HU | 3,057 (48.1%) |
| Renter Occupied HU | 809 (12.7%) |
| Vacant Housing Units | 2,495 (39.2%) |
| Median Home Value | $285,381 |
| Average Home Value | $381,098 |
Housing Distribution
Address Breakdown
Residential
5,570
Single Family
5,526
Multi-Family
44
Businesses
407
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Listed by: Scarlett Gorham • Three Sixty Resort Living
Mls Name: LMMLS
Mls Provider:
Mls ID: #23-1167
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.