671 Maggie LnDouble SpringsAL35553
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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 Double Springs at 671 Maggie Ln, Double Springs, AL, 35553 earns from $0/mo rent with a $1,463/mo payment. Total monthly income totals $0/mo. ROI tracks -0.52% on current figures, and rental yield reads 0% at a $299,000 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Manufactured
Built in 1985
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35553, Double Springs, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,404 (100%) |
| Owner Occupied HU | 1,438 (59.8%) |
| Renter Occupied HU | 370 (15.4%) |
| Vacant Housing Units | 596 (24.8%) |
| Median Home Value | $92,361 |
| Average Home Value | $160,070 |
Housing Distribution
Address Breakdown
Residential
1,937
Single Family
1,937
Multi-Family
0
Businesses
162
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Haley May • ARC REALTY AT THE LAKE
Mls Name: Strategic MLS Alliance
Mls ID: #521857
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.