11460 Memphis DrCokerAL35452
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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 Coker at 11460 Memphis Dr, Coker, AL, 35452 earns $592/mo cash flow from $2,228/mo rent with a $1,419/mo payment. Total monthly income totals $2,228/mo, and annual cash flow totals $7,099/yr on $96,102 capital. ROI tracks 27.3% on current figures, and rental yield reads 9.22% at a $289,900 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,094 over five years. Five-year ROI reaches 141.76% and total cumulative return in cash sums $136,233. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,228/mo property income instead of your personal income.
Single Family
Built in 1977
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35452, Coker, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,986 (100%) |
| Owner Occupied HU | 1,552 (78.1%) |
| Renter Occupied HU | 328 (16.5%) |
| Vacant Housing Units | 106 ( 5.3%) |
| Median Home Value | $282,889 |
| Average Home Value | $283,384 |
Housing Distribution
Address Breakdown
Residential
1,610
Single Family
1,610
Multi-Family
0
Businesses
39
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Listed by: Tim Benefield • RE/MAX PREMIERE GROUP
Mls Name: WAMLS
Mls Provider:
Mls ID: #166771
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.