23951 Peppermint StElbertaAL36530
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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 Elberta at 23951 Peppermint St, Elberta, AL, 36530 listed at $469,990 pairs $2,040/mo rent with a $2,300/mo payment. Total monthly income runs $2,040/mo. Return on cash invested measures 14.82% in year one, and rental yield registers 5.21% at a $469,990 basis. Equity gained on principal adds $3,033/yr, and annual property appreciation at 5% supports $129,850 by year five. Five-year ROI tracks 74.98% and total cumulative return in cash totals $116,826. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,040/mo property income relative to a $2,300/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
9,374 sqft lot
$N/A/sqft
$575 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36530, Elberta, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,581 (100%) |
| Owner Occupied HU | 2,894 (63.2%) |
| Renter Occupied HU | 835 (18.2%) |
| Vacant Housing Units | 852 (18.6%) |
| Median Home Value | $286,771 |
| Average Home Value | $387,855 |
Housing Distribution
Address Breakdown
Residential
4,202
Single Family
4,202
Multi-Family
0
Businesses
154
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Listed by: Brittany Prince • Meritage Homes of Alabama Inc
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #385452
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.