1135 Double Bridge Ferry 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 1135 Double Bridge Ferry Rd, Eclectic, AL, 36024 listed at $418,000 pairs $3,062/mo rent with a $2,046/mo payment to leave $703/mo cash flow. Total monthly income runs $3,062/mo, and annual cash flow reaches $8,430/yr on $138,567 cash to close. Return on cash invested measures 25.99% in year one, and rental yield registers 8.79% at a $418,000 basis. Equity gained on principal adds $2,697/yr, and annual property appreciation at 5% supports $115,486 by year five. Five-year ROI tracks 134.76% and total cumulative return in cash totals $186,735. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,062/mo property income relative to a $2,046/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
5 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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