2323 S 1st Ave, Lanett, AL 36863

3 bd · 2 ba · 1,650 sqft · built 1944 · Lanett · SINGLE_FAMILY·source listing ↗

$200,000

$220,000 first listed

seller intel

Price cut

−9.1%

from $220,000

Motivation score

46/100

OnePercent model (vv1)$2,347/mo

p10–p90 confidence band

HUD Fair Market Rent · 36863 · 3BR$1,110/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Lee

Flood risk indexRelatively Moderate FEMA NRI

Median household income$51,130

Median area rent$876/mo

Median home value$111,400

the verdict

1.17%vs 1.0% target

financing: 20% down · — (FRED, live) · 30yr

$200,000

1.17% · rent $2,347

Intrinsic value · income approach

$210,693

5% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.