115 Hilltop DrEvergreenAL36401
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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 Evergreen at 115 Hilltop Dr, Evergreen, AL, 36401 offers $2,315/mo rent that, after a $1,272/mo payment, leaves $848/mo cash flow. Total monthly income is $2,315/mo, and annual cash flow is $10,177/yr on $86,157 cash. Return on cash invested measures 31.72% in year one, and rental yield stands at 10.69% at a $259,900 entry. Equity gained on principal adds $1,677/yr while 5% annual appreciation compounds into $71,806 by year five. Five-year ROI records 165.53% and total cumulative return in cash reaches $142,618. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,315/mo property income versus a $1,272/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36401, Evergreen, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,762 (100%) |
| Owner Occupied HU | 1,965 (52.2%) |
| Renter Occupied HU | 969 (25.8%) |
| Vacant Housing Units | 828 (22.0%) |
| Median Home Value | $120,947 |
| Average Home Value | $148,519 |
Housing Distribution
Address Breakdown
Residential
3,346
Single Family
3,083
Multi-Family
263
Businesses
383
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