496 Elberta LoopLillianAL36549
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
Rental property for sale in Lillian at 496 Elberta Loop, Lillian, AL, 36549 priced at $125,000 converts $2,185/mo rent into $1,402/mo cash flow after a $612/mo obligation. Total monthly income equals $2,185/mo, and annual cash flow totals $16,824/yr on $41,438 invested. Return on cash invested prints 60.51% in year one, and rental yield reads 20.98% against a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation compiles into $34,535 by year five. Five-year ROI reaches 320.79% and total cumulative return in cash sums $132,929. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,185/mo property income covering a $612/mo payment, not borrower’s personal income.
Single Family
Built in 2013
3,441 sqft lot
$N/A/sqft
$221 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36549, Lillian, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,609 (100%) |
| Owner Occupied HU | 2,601 (72.1%) |
| Renter Occupied HU | 293 ( 8.1%) |
| Vacant Housing Units | 715 (19.8%) |
| Median Home Value | $260,289 |
| Average Home Value | $291,528 |
Housing Distribution
Address Breakdown
Residential
3,327
Single Family
3,327
Multi-Family
0
Businesses
111
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Listed by: Bridget Williams • RE/MAX of Orange Beach
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #383307
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.