9981 Lock 17 RdAdgerAL35006
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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 Adger at 9981 Lock 17 Rd, Adger, AL, 35006 uses $130,943 cash to close to unlock $1,317/yr annual cash flow and $110/mo monthly cash flow. Total monthly income runs $2,339/mo, and a $1,933/mo payment keeps the spread at $110/mo. Purchase price stands at $395,000, and rental yield measures 7.11% with $2,339/mo rent. Return on cash invested shows 20.91% in year one, and 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 107.52% and total cumulative return in cash records $140,790. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,339/mo property income covering a $1,933/mo payment rather than investor’s personal income.
Single Family
Built in 1994
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35006, Adger, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,575 (100%) |
| Owner Occupied HU | 1,076 (68.3%) |
| Renter Occupied HU | 187 (11.9%) |
| Vacant Housing Units | 312 (19.8%) |
| Median Home Value | $206,838 |
| Average Home Value | $245,704 |
Housing Distribution
Address Breakdown
Residential
1,586
Single Family
1,586
Multi-Family
0
Businesses
68
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