11477 Moffett RdWilmerAL36587
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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 Wilmer at 11477 Moffett Rd, Wilmer, AL, 36587 uses $95,804 cash to close to unlock $10,203/yr annual cash flow and $850/mo monthly cash flow. Total monthly income runs $2,482/mo, and a $1,415/mo payment keeps the spread at $850/mo. Purchase price stands at $289,000, and rental yield measures 10.31% with $2,482/mo rent. Return on cash invested shows 30.56% in year one, and 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 159.28% and total cumulative return in cash records $152,594. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,482/mo property income covering a $1,415/mo payment rather than investor’s personal income.
Single Family
Built in N/A
1.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36587, Wilmer, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,805 (100%) |
| Owner Occupied HU | 3,697 (76.9%) |
| Renter Occupied HU | 699 (14.5%) |
| Vacant Housing Units | 409 ( 8.5%) |
| Median Home Value | $220,696 |
| Average Home Value | $248,182 |
Housing Distribution
Address Breakdown
Residential
4,104
Single Family
4,104
Multi-Family
0
Businesses
104
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Listed by: Laurel Elliott • IXL Real Estate LLC
Mls Name: GCMLS
Mls Provider:
Mls ID: #7492136
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.