14942 Highway 140CokerAL35452
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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 Coker at 14942 Highway 140, Coker, AL, 35452 generates $1,187/mo in rent, after a $1,136/mo payment. Total monthly income is $1,187/mo. Return on cash invested sits at 17.99% in year one, and rental yield is 6.14% on a $232,000 entry. Equity gained on principal adds $1,497/yr, while 5% annual appreciation builds toward $64,097 over five years. Five-year ROI reaches 91.84% and total cumulative return in cash sums $70,631. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,187/mo property income rather than buyer’s personal income.
Manufactured
Built in 1990
2.79 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: Jodi Caroline Willingham • HAMNER REAL ESTATE
Mls Name: WAMLS
Mls Provider:
Mls ID: #169883
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.