84 Black Ground RdLaceys SpringAL35754
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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 Laceys Spring at 84 Black Ground Rd, Laceys Spring, AL, 35754 generates $1,619/mo in rent and, after a $1,052/mo payment, leaves $406/mo in cash flow. Total monthly income is $1,619/mo, and annual cash flow is $4,869/yr on $71,273 invested. Return on cash invested sits at 26.74% in year one, and rental yield is 9.04% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 138.77% and total cumulative return in cash sums $98,905. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,619/mo property income rather than buyer’s personal income.
Manufactured
Built in N/A
1.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35754, Laceys Spring, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,371 (100%) |
| Owner Occupied HU | 1,681 (70.9%) |
| Renter Occupied HU | 444 (18.7%) |
| Vacant Housing Units | 246 (10.4%) |
| Median Home Value | $326,247 |
| Average Home Value | $328,328 |
Housing Distribution
Address Breakdown
Residential
2,221
Single Family
2,221
Multi-Family
0
Businesses
127
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Listed by: Josh Wheelock • eXp Realty LLC
Mls Name: ValleyMLS
Mls ID: #21901093