293 Everley AvePike RoadAL36064
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 Pike Road at 293 Everley Ave, Pike Road, AL, 36064 priced at $342,128 converts $2,659/mo rent into $727/mo cash flow after a $1,675/mo obligation. Total monthly income equals $2,659/mo, and annual cash flow totals $8,729/yr on $113,415 invested. Return on cash invested prints 27.61% in year one, and rental yield reads 9.33% against a $342,128 entry. Equity gained on principal adds $2,208/yr, while 5% annual appreciation compiles into $94,524 by year five. Five-year ROI reaches 143.41% and total cumulative return in cash sums $162,650. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,659/mo property income covering a $1,675/mo payment, not borrower’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36064, Pike Road, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,084 (100%) |
| Owner Occupied HU | 4,031 (79.3%) |
| Renter Occupied HU | 777 (15.3%) |
| Vacant Housing Units | 276 ( 5.4%) |
| Median Home Value | $377,438 |
| Average Home Value | $407,222 |
Housing Distribution
Address Breakdown
Residential
5,585
Single Family
4,368
Multi-Family
1,217
Businesses
295
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