408 Evans DrButlerAL36904
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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 Butler at 408 Evans Dr, Butler, AL, 36904 earns $396/mo cash flow from $1,129/mo rent with a $636/mo payment. Total monthly income totals $1,129/mo, and annual cash flow totals $4,746/yr on $43,095 capital. ROI tracks 30.92% on current figures, and rental yield reads 10.42% at a $130,000 purchase. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,917 over five years. Five-year ROI reaches 161.26% and total cumulative return in cash sums $69,495. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,129/mo property income instead of your personal income.
Single Family
Built in 1960
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36904, Butler, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,129 (100%) |
| Owner Occupied HU | 1,255 (58.9%) |
| Renter Occupied HU | 460 (21.6%) |
| Vacant Housing Units | 414 (19.4%) |
| Median Home Value | $161,711 |
| Average Home Value | $210,183 |
Housing Distribution
Address Breakdown
Residential
1,725
Single Family
1,677
Multi-Family
48
Businesses
241
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