104 Evelyn StFlomatonAL36441
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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 Flomaton at 104 Evelyn St, Flomaton, AL, 36441 generates $1,200/mo in rent and, after a $661/mo payment, leaves $438/mo in cash flow. Total monthly income is $1,200/mo, and annual cash flow is $5,253/yr on $44,753 invested. Return on cash invested sits at 31.65% in year one, and rental yield is 10.67% on a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 165.07% and total cumulative return in cash sums $73,873. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,200/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36441, Flomaton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,753 (100%) |
| Owner Occupied HU | 1,181 (67.4%) |
| Renter Occupied HU | 351 (20.0%) |
| Vacant Housing Units | 221 (12.6%) |
| Median Home Value | $161,887 |
| Average Home Value | $219,558 |
Housing Distribution
Address Breakdown
Residential
1,506
Single Family
1,465
Multi-Family
41
Businesses
131
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