75 Steele LnLoxleyAL36551
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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 Loxley at 75 Steele Ln, Loxley, AL, 36551 offers $2,160/mo rent that, after a $1,076/mo payment, leaves $919/mo cash flow. Total monthly income is $2,160/mo, and annual cash flow is $11,029/yr on $72,897 cash. Return on cash invested measures 35.04% in year one, and rental yield stands at 11.79% at a $219,900 entry. Equity gained on principal adds $1,419/yr while 5% annual appreciation compounds into $60,754 by year five. Five-year ROI records 183.34% and total cumulative return in cash reaches $133,648. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,160/mo property income versus a $1,076/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
9,060 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36551, Loxley, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,427 (100%) |
| Owner Occupied HU | 3,273 (73.9%) |
| Renter Occupied HU | 810 (18.3%) |
| Vacant Housing Units | 344 ( 7.8%) |
| Median Home Value | $286,735 |
| Average Home Value | $327,897 |
Housing Distribution
Address Breakdown
Residential
3,997
Single Family
3,917
Multi-Family
80
Businesses
260
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