6769 Lee Road 158SalemAL36874
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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 Salem at 6769 Lee Road 158, Salem, AL, 36874 offers a 1.88% rental yield on a $1,150,000 purchase with $1,800/mo rent. 26% in year one. Equity gained on principal adds $7,421/yr while 5% annual appreciation supports $317,724 over five years. Portfolio math shows five-year ROI at 23.46% and total cumulative return in cash at $87,429. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,800/mo property income against a $5,629/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
26.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36874, Salem, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,334 (100%) |
| Owner Occupied HU | 3,276 (75.6%) |
| Renter Occupied HU | 622 (14.4%) |
| Vacant Housing Units | 436 (10.1%) |
| Median Home Value | $262,345 |
| Average Home Value | $280,571 |
Housing Distribution
Address Breakdown
Residential
3,886
Single Family
3,886
Multi-Family
0
Businesses
68
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Listed by: John Hardin • Southeastern Land Group
Mls Name: CBORGA
Mls Provider:
Mls ID: #216667
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.