93 Chloe DrLincolnAL35096
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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 Lincoln at 93 Chloe Dr, Lincoln, AL, 35096 priced at $277,500 converts $2,039/mo rent into $473/mo cash flow after a $1,358/mo obligation. Total monthly income equals $2,039/mo, and annual cash flow totals $5,674/yr on $91,991 invested. Return on cash invested prints 26.08% in year one, and rental yield reads 8.82% against a $277,500 entry. Equity gained on principal adds $1,791/yr, while 5% annual appreciation compiles into $76,668 by year five. Five-year ROI reaches 135.2% and total cumulative return in cash sums $124,372. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,039/mo property income covering a $1,358/mo payment, not borrower’s personal income.
Single Family
Built in 2022
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35096, Lincoln, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,362 (100%) |
| Owner Occupied HU | 2,979 (68.3%) |
| Renter Occupied HU | 695 (15.9%) |
| Vacant Housing Units | 688 (15.8%) |
| Median Home Value | $214,336 |
| Average Home Value | $316,954 |
Housing Distribution
Address Breakdown
Residential
3,801
Single Family
3,801
Multi-Family
0
Businesses
262
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