2278 Union RdEclecticAL36024
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
Investment Highlights
Investment property for sale in Eclectic at 2278 Union Rd, Eclectic, AL, 36024 at $251,800 posts ROI 27.77% with $547/mo cash flow from $1,968/mo rent. Total monthly income equals $1,968/mo, and annual cash flow records $6,566/yr on $83,472 to close. Return on cash invested measures 27.77% and rental yield reads 9.38% at the current $251,800. Equity gained on principal adds $1,625/yr, and 5% annual appreciation supports $69,568 by year five. Five-year ROI prints 144.35% and total cumulative return in cash totals $120,491.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,968/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1999
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36024, Eclectic, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,016 (100%) |
| Owner Occupied HU | 2,445 (60.9%) |
| Renter Occupied HU | 467 (11.6%) |
| Vacant Housing Units | 1,104 (27.5%) |
| Median Home Value | $268,794 |
| Average Home Value | $351,645 |
Housing Distribution
Address Breakdown
Residential
3,136
Single Family
3,136
Multi-Family
0
Businesses
187
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