741 Lakeview Rdg APT 703DadevilleAL36853
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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 Dadeville at 741 Lakeview Rdg APT 703, Dadeville, AL, 36853 earns $233/mo cash flow from $2,124/mo rent with a $1,640/mo payment. Total monthly income totals $2,124/mo, and annual cash flow totals $2,793/yr on $111,053 capital. ROI tracks 22.42% on current figures, and rental yield reads 7.61% at a $335,000 purchase. Equity gained on principal adds $2,162/yr, and 5% annual appreciation supports $92,554 over five years. Five-year ROI reaches 115.61% and total cumulative return in cash sums $128,384. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,124/mo property income instead of your personal income.
Condo
Built in 1996
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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