10570 Georgia RdEclecticAL36024
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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 Eclectic at 10570 Georgia Rd, Eclectic, AL, 36024 uses $81,218 cash to close to unlock $3,567/yr annual cash flow and $297/mo monthly cash flow. Total monthly income runs $1,680/mo, and a $1,199/mo payment keeps the spread at $297/mo. Purchase price stands at $245,000, and rental yield measures 8.23% with $1,680/mo rent. Return on cash invested shows 24.3% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 125.74% and total cumulative return in cash records $102,120. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,680/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Single Family
Built in 1993
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36024, Eclectic, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,016 (100%) |
| Owner Occupied HU | 2,445 (60.9%) |
| Renter Occupied HU | 467 (11.6%) |
| Vacant Housing Units | 1,104 (27.5%) |
| Median Home Value | $268,794 |
| Average Home Value | $351,645 |
Housing Distribution
Address Breakdown
Residential
3,136
Single Family
3,136
Multi-Family
0
Businesses
187
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