737 N Main StEvergreenAL36401
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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
Investment property for sale in Evergreen at 737 N Main St, Evergreen, AL, 36401 at $129,900 posts ROI 20.44% with $19/mo cash flow from $781/mo rent. Total monthly income equals $781/mo, and annual cash flow records $229/yr on $43,062 to close. Return on cash invested measures 20.44% and rental yield reads 7.21% at the current $129,900. Equity gained on principal adds $838/yr, and 5% annual appreciation supports $35,889 by year five. Five-year ROI prints 105.38% and total cumulative return in cash totals $45,379.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $781/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
2.62 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: Jennifer L Bass • Coldwell Banker 1st Choice Realty
Mls Name: Covington AOR
Mls Provider:
Mls ID: #25354
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.