441 Ramah RdEvergreenAL36401
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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
Rental property for sale in Evergreen at 441 Ramah Rd, Evergreen, AL, 36401 priced at $400,000 pairs $2,617/mo rent with $359/mo cash flow after a $1,958/mo payment. Total monthly income equals $2,617/mo, and annual cash flow comes to $4,308/yr on $132,600 invested. Return on cash invested is 23.16% in year one, and rental yield stands at 7.85% on a $400,000 basis. Equity gained on principal adds $2,581/yr, and 5% annual appreciation accumulates to $110,513 by year five. Five-year ROI measures 119.54% and total cumulative return in cash reaches $158,512. For financing, Ziffy Mortgage’s DSCR program evaluates $2,617/mo property income against a $1,958/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2014
45.70 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: Valerie Griffin • Avast Realty Orange Beach
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #373318
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.