7532 Highway 64LexingtonAL35648
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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 Lexington at 7532 Highway 64, Lexington, AL, 35648 earns $424/mo cash flow from $1,270/mo rent with a $734/mo payment. Total monthly income totals $1,270/mo, and annual cash flow totals $5,083/yr on $49,692 capital. ROI tracks 30.14% on current figures, and rental yield reads 10.17% at a $149,900 purchase. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 over five years. Five-year ROI reaches 156.99% and total cumulative return in cash sums $78,011. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,270/mo property income instead of your personal income.
Single Family
Built in 1960
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35648, Lexington, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,801 (100%) |
| Owner Occupied HU | 1,269 (70.5%) |
| Renter Occupied HU | 307 (17.0%) |
| Vacant Housing Units | 225 (12.5%) |
| Median Home Value | $195,281 |
| Average Home Value | $251,491 |
Housing Distribution
Address Breakdown
Residential
1,718
Single Family
1,718
Multi-Family
0
Businesses
87
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Listed by: Beth Darby • RE/MAX Infinity
Mls Name: Strategic MLS Alliance
Mls ID: #521327
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.