17684 Highway 140ElrodAL35458
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 17684 Highway 140, Elrod, AL, 35458 in Elrod. At $245,000 it earns $1,706/mo in rent and distributes $324/mo to the owner after the $1,102/mo payment, a consistent 8.36% yield. DSCR 1.55 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $67,689 in value; $2,256/yr in principal paydown compounds ownership stake. Total projected return: $113,140.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.2% |
| Monthly Cash Flow | $324 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,706 |
| Total Monthly Debt Service | $1,285 |
| DSCR Ratio | 1.33x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices