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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Total monthly income runs $1,944/mo, and a $4,038/mo payment. Purchase price stands at $825,000, and rental yield measures 2.83% with $1,944/mo rent. Return on cash invested shows 8.07% in year one, and 5% annual appreciation builds toward $227,932 over five years. Five-year ROI reaches 38.59% and total cumulative return in cash records $104,745. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,944/mo property income covering a $4,038/mo payment rather than investor’s personal income.
Single Family
Built in 2002
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 36024, Eclectic, AL area.
| 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 |
Residential
3,136
Single Family
3,136
Multi-Family
0
Businesses
187
Date | Event | Price |
|---|---|---|
| 2025-01-18 | Price change | $825,000 |
| 2024-07-18 | Listed for sale | $850,000 |
| 2020-09-08 | Sold | $440,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-29 | $1766.00 | -32.78% | $70,640 | -32.78% |
| 2022-01-29 | $2627.00 | 8.69% | $105,080 | 8.69% |
| 2021-01-29 | $2417.00 | 117.06% | $96,680 | 117.06% |
Listed by: John W Franklin • Lake Homes Realty of Central Alabama
Mls Name: LMMLS
Mls Provider:
Mls ID: #24-948
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. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.
