7650 Iron Rush RdWilmerAL36587
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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
Rental property for sale in Wilmer at 7650 Iron Rush Rd, Wilmer, AL, 36587 generates $1,440/mo in rent, after a $3,426/mo payment. Total monthly income is $1,440/mo. Return on cash invested sits at 6.98% in year one, and rental yield is 2.47% on a $699,999 entry. Equity gained on principal adds $4,517/yr, while 5% annual appreciation builds toward $193,397 over five years. Five-year ROI reaches 32.73% and total cumulative return in cash sums $75,375. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,440/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
26.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36587, Wilmer, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,805 (100%) |
| Owner Occupied HU | 3,697 (76.9%) |
| Renter Occupied HU | 699 (14.5%) |
| Vacant Housing Units | 409 ( 8.5%) |
| Median Home Value | $220,696 |
| Average Home Value | $248,182 |
Housing Distribution
Address Breakdown
Residential
4,104
Single Family
4,104
Multi-Family
0
Businesses
104
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