18331 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
Total monthly income runs $1,434/mo, and a $1,541/mo payment. Purchase price stands at $314,900, and rental yield measures 5.46% with $1,434/mo rent. Return on cash invested shows 15.96% in year one, and 5% annual appreciation builds toward $87,001 over five years. Five-year ROI reaches 80.97% and total cumulative return in cash records $84,526. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,434/mo property income covering a $1,541/mo payment rather than investor’s personal income.
Single Family
Built in 1930
1.02 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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Listed by: Bart Stanley • Home Team Realty
Mls Name: WAMLS
Mls Provider:
Mls ID: #167779
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.