17684 Highway 140ElrodAL35458
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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 Elrod at 17684 Highway 140, Elrod, AL, 35458 listed at $245,000 pairs $1,706/mo rent with a $1,199/mo payment to leave $323/mo cash flow. Total monthly income runs $1,706/mo, and annual cash flow reaches $3,879/yr on $81,218 cash to close. Return on cash invested measures 24.69% in year one, and rental yield registers 8.36% at a $245,000 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 127.79% and total cumulative return in cash totals $103,788. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,706/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2011
0.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35458, Elrod, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 325 (100%) |
| Owner Occupied HU | 217 (66.8%) |
| Renter Occupied HU | 40 (12.3%) |
| Vacant Housing Units | 68 (20.9%) |
| Median Home Value | $169,907 |
| Average Home Value | $223,168 |
Housing Distribution
Address Breakdown
Residential
234
Single Family
234
Multi-Family
0
Businesses
4
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