6641 Rives RdElmoreAL36025
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 6641 Rives Rd, Elmore, AL, 36025 in Elmore speaks for itself: 11.13% gross on a $264,000 price, generating $2,448/mo in rent and $958/mo in net income after the $1,187/mo debt service. DSCR 2.06, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $11,494 stacks alongside $72,938 in projected five-year appreciation and $2,431/yr in principal reduction. Projected total cumulative return: $161,115.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 7.0% |
| Monthly Cash Flow | $958 | $300 |
City averages based on Elmore market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,448 |
| Total Monthly Debt Service | $1,385 |
| DSCR Ratio | 1.77x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1978
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36025, Elmore, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,668 (100%) |
| Owner Occupied HU | 1,180 (70.7%) |
| Renter Occupied HU | 400 (24.0%) |
| Vacant Housing Units | 88 ( 5.3%) |
| Median Home Value | $207,143 |
| Average Home Value | $202,483 |
Housing Distribution
Address Breakdown
Residential
1,575
Single Family
1,575
Multi-Family
0
Businesses
102
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
Single Family
Built in 1978
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36025, Elmore, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,668 (100%) |
| Owner Occupied HU | 1,180 (70.7%) |
| Renter Occupied HU | 400 (24.0%) |
| Vacant Housing Units | 88 ( 5.3%) |
| Median Home Value | $207,143 |
| Average Home Value | $202,483 |
Housing Distribution
Address Breakdown
Residential
1,575
Single Family
1,575
Multi-Family
0
Businesses
102
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices