4040 Highway 141ElbaAL36323
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 Elba at 4040 Highway 141, Elba, AL, 36323 earns from $2,114/mo rent with a $1,953/mo payment. Total monthly income totals $2,114/mo. ROI tracks 18.65% on current figures, and rental yield reads 6.36% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 95.41% and total cumulative return in cash sums $126,194. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,114/mo property income instead of your personal income.
Single Family
Built in 1985
2.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36323, Elba, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,997 (100%) |
| Owner Occupied HU | 2,349 (58.8%) |
| Renter Occupied HU | 957 (23.9%) |
| Vacant Housing Units | 691 (17.3%) |
| Median Home Value | $119,821 |
| Average Home Value | $173,306 |
Housing Distribution
Address Breakdown
Residential
3,219
Single Family
3,095
Multi-Family
124
Businesses
193
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gloria Hudson • Sweet Home Realty LLC
Mls Name: Covington AOR
Mls Provider:
Mls ID: #25399
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.