LOT 6 A 3 Lee Rd #188WaverlyAL36879
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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 Waverly at LOT 6 A 3 Lee Rd #188, Waverly, AL, 36879 listed at $893,349 pairs $2,340/mo rent with a $4,373/mo payment. Total monthly income runs $2,340/mo. Return on cash invested measures 9.03% in year one, and rental yield registers 3.14% at a $893,349 basis. Equity gained on principal adds $5,765/yr, and annual property appreciation at 5% supports $246,816 by year five. Five-year ROI tracks 43.73% and total cumulative return in cash totals $128,531. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,340/mo property income relative to a $4,373/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
8.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36879, Waverly, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,487 (100%) |
| Owner Occupied HU | 1,154 (77.6%) |
| Renter Occupied HU | 181 (12.2%) |
| Vacant Housing Units | 152 (10.2%) |
| Median Home Value | $334,633 |
| Average Home Value | $380,295 |
Housing Distribution
Address Breakdown
Residential
1,299
Single Family
1,299
Multi-Family
0
Businesses
33
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Listed by: FORREST CARDEN • THE KEY AGENCY
Mls Name: LCMLS
Mls ID: #177137
Disclaimer: The data relating to real estate for sale on this web-site comes in part from the Internet Data Exchange Program of Lee County Association of REALTORS. Information is deemed reliable but is not guaranteed.