28 Neon Moon DrEutawAL35462
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
Rental property for sale in Eutaw at 28 Neon Moon Dr, Eutaw, AL, 35462 priced at $349,900 pairs $2,323/mo rent with $348/mo cash flow after a $1,713/mo payment. Total monthly income equals $2,323/mo, and annual cash flow comes to $4,171/yr on $115,992 invested. Return on cash invested is 23.5% in year one, and rental yield stands at 7.97% on a $349,900 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,671 by year five. Five-year ROI measures 121.42% and total cumulative return in cash reaches $140,838. For financing, Ziffy Mortgage’s DSCR program evaluates $2,323/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35462, Eutaw, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,484 (100%) |
| Owner Occupied HU | 1,237 (49.8%) |
| Renter Occupied HU | 792 (31.9%) |
| Vacant Housing Units | 455 (18.3%) |
| Median Home Value | $119,097 |
| Average Home Value | $145,022 |
Housing Distribution
Address Breakdown
Residential
2,260
Single Family
2,143
Multi-Family
117
Businesses
209
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices