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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Lanett at 702 Riverside Ests, Lanett, AL, 36863 with 5% annual appreciation on a $380,000 basis while $2,280/mo rent supports operations. Total monthly income totals $2,280/mo and a $1,860/mo payment preserves $135/mo for cash returns. Annual cash flow comes to $1,620/yr on $125,970 deployed, and return on cash invested reaches 21.2% in year one. Equity gained on principal adds $2,452/yr, and five-year appreciation sums $104,987 alongside rental yield of 7.2%. Five-year ROI measures 109.01% and total cumulative return in cash totals $137,317.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,280/mo property income versus a $1,860/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2019
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 36863, Lanett, AL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,421 (100%) |
| Owner Occupied HU | 3,031 (55.9%) |
| Renter Occupied HU | 1,673 (30.9%) |
| Vacant Housing Units | 717 (13.2%) |
| Median Home Value | $140,542 |
| Average Home Value | $190,617 |
Residential
5,360
Single Family
5,305
Multi-Family
55
Businesses
421
Date | Event | Price |
|---|---|---|
| 2025-04-30 | Listed for sale | $380,000 |
| 2021-01-08 | Sold | $265,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-01 | $1288.56 | N/A | $31,980 | N/A |
| 2022-05-01 | $1288.56 | -45.21% | $31,980 | -42.21% |
| 2021-05-01 | $2351.94 | 11.80% | $55,340 | 23.31% |
Listed by: DAVID DUBOSE • REALTYEDGE BROKERS
Mls Name: LCMLS
Mls ID: #174679
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.
