309 Bellview AveEvergreenAL36401
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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 Evergreen at 309 Bellview Ave, Evergreen, AL, 36401 listed at $103,000 pairs $799/mo rent with a $504/mo payment to leave $218/mo cash flow. Total monthly income runs $799/mo, and annual cash flow reaches $2,613/yr on $34,145 cash to close. Return on cash invested measures 27.56% in year one, and rental yield registers 9.31% at a $103,000 basis. Equity gained on principal adds $665/yr, and annual property appreciation at 5% supports $28,457 by year five. Five-year ROI tracks 143.21% and total cumulative return in cash totals $48,898. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $799/mo property income relative to a $504/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1947
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36401, Evergreen, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,762 (100%) |
| Owner Occupied HU | 1,965 (52.2%) |
| Renter Occupied HU | 969 (25.8%) |
| Vacant Housing Units | 828 (22.0%) |
| Median Home Value | $120,947 |
| Average Home Value | $148,519 |
Housing Distribution
Address Breakdown
Residential
3,346
Single Family
3,083
Multi-Family
263
Businesses
383
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Listed by: Susan Coleman • Outlaw Realty LLC
Mls Name: Wiregrass BOR
Mls ID: #553995
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.