3831 Graham LnEight MileAL36613
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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 Eight Mile at 3831 Graham Ln, Eight Mile, AL, 36613 uses $64,643 cash to close to unlock $213/yr annual cash flow and $18/mo monthly cash flow. Total monthly income runs $1,118/mo, and a $954/mo payment keeps the spread at $18/mo. Purchase price stands at $195,000, and rental yield measures 6.88% with $1,118/mo rent. Return on cash invested shows 20.24% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 103.92% and total cumulative return in cash records $67,174. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,118/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in N/A
5.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36613, Eight Mile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,237 (100%) |
| Owner Occupied HU | 3,502 (66.9%) |
| Renter Occupied HU | 1,154 (22.0%) |
| Vacant Housing Units | 581 (11.1%) |
| Median Home Value | $203,687 |
| Average Home Value | $258,898 |
Housing Distribution
Address Breakdown
Residential
4,852
Single Family
4,614
Multi-Family
238
Businesses
149
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Listed by: Madison Kelly • Ridings Realty, LLC
Mls Name: GCMLS
Mls ID: #7610236