5104 University BlvdEight MileAL36613
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 Eight Mile at 5104 University Blvd, Eight Mile, AL, 36613 earns $1,009/mo cash flow from $1,573/mo rent with a $489/mo payment. Total monthly income totals $1,573/mo, and annual cash flow totals $12,108/yr on $33,150 capital. ROI tracks 56.43% on current figures, and rental yield reads 18.88% at a $100,000 purchase. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 over five years. Five-year ROI reaches 297.97% and total cumulative return in cash sums $98,776. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,573/mo property income instead of your personal income.
Single Family
Built in N/A
0.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36613, Eight Mile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,237 (100%) |
| Owner Occupied HU | 3,502 (66.9%) |
| Renter Occupied HU | 1,154 (22.0%) |
| Vacant Housing Units | 581 (11.1%) |
| Median Home Value | $203,687 |
| Average Home Value | $258,898 |
Housing Distribution
Address Breakdown
Residential
4,852
Single Family
4,614
Multi-Family
238
Businesses
149
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Nearby investment properties with comparable prices
Listed by: Ellis Foster • Eluxe Realty Group LLC
Mls Name: GCMLS
Mls ID: #7694290