270 Gravel Ridge RdEvaAL35621
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 Eva at 270 Gravel Ridge Rd, Eva, AL, 35621 at $198,000 posts ROI 26.66% with $370/mo cash flow from $1,487/mo rent. Total monthly income equals $1,487/mo, and annual cash flow records $4,434/yr on $65,637 to close. Return on cash invested measures 26.66% and rental yield reads 9.01% at the current $198,000. Equity gained on principal adds $1,278/yr, and 5% annual appreciation supports $54,704 by year five. Five-year ROI prints 138.39% and total cumulative return in cash totals $90,832.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,487/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2008
1.30 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices