162 Emmaus RdClevelandAL35049
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Cleveland at 162 Emmaus Rd, Cleveland, AL, 35049 earns $559/mo cash flow from $2,077/mo rent with a $1,316/mo payment. Total monthly income totals $2,077/mo, and annual cash flow totals $6,712/yr on $89,140 capital. ROI tracks 27.44% on current figures, and rental yield reads 9.27% at a $268,900 purchase. Equity gained on principal adds $1,735/yr, and 5% annual appreciation supports $74,292 over five years. Five-year ROI reaches 142.54% and total cumulative return in cash sums $127,060. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,077/mo property income instead of your personal income.
Single Family
Built in 2007
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35049, Cleveland, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,767 (100%) |
| Owner Occupied HU | 1,347 (76.2%) |
| Renter Occupied HU | 289 (16.4%) |
| Vacant Housing Units | 131 ( 7.4%) |
| Median Home Value | $188,393 |
| Average Home Value | $240,349 |
Housing Distribution
Address Breakdown
Residential
1,559
Single Family
1,559
Multi-Family
0
Businesses
100
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Darren White • White Real Estate Inc.
Mls Name: GALMLS
Mls Provider:
Mls ID: #21406964
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.