15250 Elk River Mills RdElkmontAL35614
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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 Elkmont at 15250 Elk River Mills Rd, Elkmont, AL, 35614 listed at $259,800 pairs $1,500/mo rent with a $1,272/mo payment to leave $33/mo cash flow. Total monthly income runs $1,500/mo, and annual cash flow reaches $398/yr on $86,124 cash to close. Return on cash invested measures 20.37% in year one, and rental yield registers 6.93% at a $259,800 basis. Equity gained on principal adds $1,676/yr, and annual property appreciation at 5% supports $71,778 by year five. Five-year ROI tracks 104.64% and total cumulative return in cash totals $90,123. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,500/mo property income relative to a $1,272/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1972
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35614, Athens, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,686 (100%) |
| Owner Occupied HU | 2,617 (71.0%) |
| Renter Occupied HU | 769 (20.9%) |
| Vacant Housing Units | 300 ( 8.1%) |
| Median Home Value | $267,821 |
| Average Home Value | $323,535 |
Housing Distribution
Address Breakdown
Residential
3,517
Single Family
3,517
Multi-Family
0
Businesses
69
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Listed by: Megan Wilson • Capstone Realty
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21877954
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