12311 Elrod RdElrodAL35458
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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 Elrod at 12311 Elrod Rd, Elrod, AL, 35458 generates $2,532/mo in rent and, after a $1,468/mo payment, leaves $839/mo in cash flow. Total monthly income is $2,532/mo, and annual cash flow is $10,068/yr on $99,450 invested. Return on cash invested sits at 30.03% in year one, and rental yield is 10.13% on a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 156.4% and total cumulative return in cash sums $155,544. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,532/mo property income rather than buyer’s personal income.
Single Family
Built in 1969
2.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35458, Elrod, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 325 (100%) |
| Owner Occupied HU | 217 (66.8%) |
| Renter Occupied HU | 40 (12.3%) |
| Vacant Housing Units | 68 (20.9%) |
| Median Home Value | $169,907 |
| Average Home Value | $223,168 |
Housing Distribution
Address Breakdown
Residential
234
Single Family
234
Multi-Family
0
Businesses
4
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