15 W Eta StLouisvilleAL36048
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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 Louisville at 15 W Eta St, Louisville, AL, 36048 priced at $167,000 pairs $1,348/mo rent with $406/mo cash flow after a $817/mo payment. Total monthly income equals $1,348/mo, and annual cash flow comes to $4,869/yr on $55,361 invested. Return on cash invested is 28.7% in year one, and rental yield stands at 9.69% on a $167,000 basis. Equity gained on principal adds $1,078/yr, and 5% annual appreciation accumulates to $46,139 by year five. Five-year ROI measures 149.31% and total cumulative return in cash reaches $82,659. For financing, Ziffy Mortgage’s DSCR program evaluates $1,348/mo property income against a $817/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
1.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36048, Louisville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 666 (100%) |
| Owner Occupied HU | 389 (58.4%) |
| Renter Occupied HU | 111 (16.7%) |
| Vacant Housing Units | 166 (24.9%) |
| Median Home Value | $102,163 |
| Average Home Value | $149,569 |
Housing Distribution
Address Breakdown
Residential
585
Single Family
585
Multi-Family
0
Businesses
36
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Listed by: Linda Letourneau • Baker Realty, Inc.
Mls Name: Eufaula BOR
Mls ID: #27540