15311 Section Line Rd, Wilmer, AL, 36587 | 5.17% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Wilmer at 15311 Section Line Rd, Wilmer, AL, 36587 generates $1,508/mo in rent, after a $1,713/mo payment. Total monthly income is $1,508/mo. Return on cash invested sits at 15.07% in year one, and rental yield is 5.17% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 76.21% and total cumulative return in cash sums $88,418. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,508/mo property income rather than buyer’s personal income.

Multi Family

Built in 1993

3 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 36587, Wilmer, AL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,805 (100%)
Owner Occupied HU	3,697 (76.9%)
Renter Occupied HU	699 (14.5%)
Vacant Housing Units	409 ( 8.5%)
Median Home Value	$220,696
Average Home Value	$248,182