215 County Road 1542EvaAL35621
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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 Eva at 215 County Road 1542, Eva, AL, 35621 offers a 5% rental yield on a $697,000 purchase with $2,902/mo rent. 66% in year one. Equity gained on principal adds $4,498/yr while 5% annual appreciation supports $192,568 over five years. Portfolio math shows five-year ROI at 73.96% and total cumulative return in cash at $169,594. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,902/mo property income against a $3,411/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35621, Eva, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,433 (100%) |
| Owner Occupied HU | 1,109 (77.4%) |
| Renter Occupied HU | 181 (12.6%) |
| Vacant Housing Units | 143 ( 10.0%) |
| Median Home Value | $274,795 |
| Average Home Value | $337,777 |
Housing Distribution
Address Breakdown
Residential
1,305
Single Family
1,305
Multi-Family
0
Businesses
68
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Listed by: Terri McGriff-Waldrop • ERA Waldrop Real Estate
Mls Name: Strategic MLS Alliance
Mls ID: #518515
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.