111 Elk River Shores DrRogersvilleAL35652
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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 Rogersville at 111 Elk River Shores Dr, Rogersville, AL, 35652 priced at $249,900 converts $1,513/mo rent into $103/mo cash flow after a $1,223/mo obligation. Total monthly income equals $1,513/mo, and annual cash flow totals $1,231/yr on $82,842 invested. Return on cash invested prints 21.39% in year one, and rental yield reads 7.27% against a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,043 by year five. Five-year ROI reaches 110.11% and total cumulative return in cash sums $91,214. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,513/mo property income covering a $1,223/mo payment, not borrower’s personal income.
Single Family
Built in 1965
0.45 Acres lot
$N/A/sqft
No HOA
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Listed by: Erica Crunk • Engel & Volkers Lauderdale
Mls Name: Strategic MLS Alliance
Mls ID: #521700
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.