23640 Highway 18 EBerryAL35546
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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 Berry at 23640 Highway 18 E, Berry, AL, 35546 earns from $2,182/mo rent with a $2,325/mo payment. Total monthly income totals $2,182/mo. ROI tracks 16.1% on current figures, and rental yield reads 5.51% at a $475,000 purchase. Equity gained on principal adds $3,065/yr, and 5% annual appreciation supports $131,234 over five years. Five-year ROI reaches 81.72% and total cumulative return in cash sums $128,671. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,182/mo property income instead of your personal income.
Single Family
Built in 1972
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35546, Berry, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,918 (100%) |
| Owner Occupied HU | 1,334 (69.6%) |
| Renter Occupied HU | 364 (19.0%) |
| Vacant Housing Units | 220 (11.5%) |
| Median Home Value | $208,278 |
| Average Home Value | $297,918 |
Housing Distribution
Address Breakdown
Residential
1,882
Single Family
1,882
Multi-Family
0
Businesses
64
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