1712 Beason Cove Rd, Steele, AL, 35987 | 4.23% Rental Yield

Off market

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

Total monthly income runs $2,478/mo, and a $3,442/mo payment. Purchase price stands at $703,200, and rental yield measures 4.23% with $2,478/mo rent. Return on cash invested shows 12.32% in year one, and 5% annual appreciation builds toward $194,281 over five years. Five-year ROI reaches 61.42% and total cumulative return in cash records $142,092. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,478/mo property income covering a $3,442/mo payment rather than investor’s personal income.

Single Family

Built in 1984

15 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 35987, Steele, AL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,259 (100%)
Owner Occupied HU	954 (75.8%)
Renter Occupied HU	164 (13.0%)
Vacant Housing Units	141 (11.2%)
Median Home Value	$192,568
Average Home Value	$229,827