7655 Iron Rush RdWilmerAL36587
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
Investment Highlights
Investment property for sale in Wilmer at 7655 Iron Rush Rd, Wilmer, AL, 36587 with 5% annual appreciation on a $315,000 basis while $2,183/mo rent supports operations. Total monthly income totals $2,183/mo and a $1,542/mo payment preserves $405/mo for cash returns. Annual cash flow comes to $4,857/yr on $104,423 deployed, and return on cash invested reaches 24.56% in year one. Equity gained on principal adds $2,033/yr, and five-year appreciation sums $87,029 alongside rental yield of 8.32%. Five-year ROI measures 127.06% and total cumulative return in cash totals $132,677.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,183/mo property income versus a $1,542/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1995
4.74 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rana Lyons • Exit Allstar Realty
Mls Name: GCMLS
Mls Provider:
Mls ID: #7538813
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.