7575 Monroe LnEight MileAL36613
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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 Eight Mile at 7575 Monroe Ln, Eight Mile, AL, 36613 listed at $132,000 pairs $1,054/mo rent with a $646/mo payment to leave $309/mo cash flow. Total monthly income runs $1,054/mo, and annual cash flow reaches $3,708/yr on $43,758 cash to close. Return on cash invested measures 28.38% in year one, and rental yield registers 9.58% at a $132,000 basis. Equity gained on principal adds $852/yr, and annual property appreciation at 5% supports $36,469 by year five. Five-year ROI tracks 147.55% and total cumulative return in cash totals $64,567. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,054/mo property income relative to a $646/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1985
4.93 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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Listed by: James Hunn • Real Estate Store
Mls Name: GCMLS
Mls Provider:
Mls ID: #7487927
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.