199 Emmaus RdClevelandAL35049
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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 Cleveland at 199 Emmaus Rd, Cleveland, AL, 35049 with 5% annual appreciation on a $224,500 basis while $1,789/mo rent supports operations. Total monthly income totals $1,789/mo and a $1,099/mo payment preserves $522/mo for cash returns. Annual cash flow comes to $6,260/yr on $74,422 deployed, and return on cash invested reaches 28.32% in year one. Equity gained on principal adds $1,449/yr, and five-year appreciation sums $62,025 alongside rental yield of 9.56%. Five-year ROI measures 147.24% and total cumulative return in cash totals $109,580.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,789/mo property income versus a $1,099/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2018
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
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Listed by: Janet Peek • Redstone Family Realty LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21399209
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.