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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Eclectic at 75 Happy Hollow Rd, Eclectic, AL, 36024 at $1,050,000 posts ROI 13.05% with from $3,850/mo rent. Total monthly income equals $3,850/mo. Return on cash invested measures 13.05% and rental yield reads 4.4% at the current $1,050,000. Equity gained on principal adds $6,775/yr, and 5% annual appreciation supports $290,096 by year five. Five-year ROI prints 65.21% and total cumulative return in cash totals $221,849. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,850/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1976
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 36024, Eclectic, AL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,016 (100%) |
| Owner Occupied HU | 2,445 (60.9%) |
| Renter Occupied HU | 467 (11.6%) |
| Vacant Housing Units | 1,104 (27.5%) |
| Median Home Value | $268,794 |
| Average Home Value | $351,645 |
Residential
3,136
Single Family
3,136
Multi-Family
0
Businesses
187
Date | Event | Price |
|---|---|---|
| 2025-03-28 | Sold | $1,050,000 |
| 2025-03-24 | Pending sale | $1,050,000 |
| 2025-02-01 | Listing removed | $1,299,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-29 | $2010.00 | N/A | $80,400 | N/A |
| 2023-10-29 | $2010.00 | 29.93% | $80,400 | 29.93% |
| 2022-10-29 | $1547.00 | 7.21% | $61,880 | 7.21% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
