1604 Gum Pond RdEvaAL35621
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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 Eva at 1604 Gum Pond Rd, Eva, AL, 35621 uses $97,793 cash to close to unlock $1,233/yr annual cash flow and $103/mo monthly cash flow. Total monthly income runs $1,768/mo, and a $1,444/mo payment keeps the spread at $103/mo. Purchase price stands at $295,000, and rental yield measures 7.19% with $1,768/mo rent. Return on cash invested shows 21.17% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 108.89% and total cumulative return in cash records $106,490. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,768/mo property income covering a $1,444/mo payment rather than investor’s personal income.
Single Family
Built in 1938
4.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35621, Eva, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,433 (100%) |
| Owner Occupied HU | 1,109 (77.4%) |
| Renter Occupied HU | 181 (12.6%) |
| Vacant Housing Units | 143 ( 10.0%) |
| Median Home Value | $274,795 |
| Average Home Value | $337,777 |
Housing Distribution
Address Breakdown
Residential
1,305
Single Family
1,305
Multi-Family
0
Businesses
68
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