505 Elberta CirLillianAL36549
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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 505 Elberta Cir, Lillian, AL, 36549 offers $923/mo rent that, after a $582/mo payment, leaves $179/mo cash flow. Total monthly income is $923/mo, and annual cash flow is $2,153/yr on $39,449 cash. Return on cash invested measures 25.37% in year one, and rental yield stands at 9.31% at a $119,000 entry. Equity gained on principal adds $768/yr while 5% annual appreciation compounds into $32,878 by year five. Five-year ROI records 132.25% and total cumulative return in cash reaches $52,169. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $923/mo property income versus a $582/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1983
8,145 sqft lot
$N/A/sqft
$217 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: Kelly Petrey • Katapult Properties, LLC
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #367220
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.