78 Emerald DrPike RoadAL36064
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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 Pike Road at 78 Emerald Dr, Pike Road, AL, 36064 priced at $401,000 pairs $4,157/mo rent with $1,507/mo cash flow after a $1,963/mo payment. Total monthly income equals $4,157/mo, and annual cash flow comes to $18,081/yr on $132,932 invested. Return on cash invested is 33.51% in year one, and rental yield stands at 12.44% on a $401,000 basis. Equity gained on principal adds $2,588/yr, and 5% annual appreciation accumulates to $110,789 by year five. Five-year ROI measures 176.32% and total cumulative return in cash reaches $234,390. For financing, Ziffy Mortgage’s DSCR program evaluates $4,157/mo property income against a $1,963/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2015
7,840 sqft lot
$N/A/sqft
$33 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36064, Pike Road, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,084 (100%) |
| Owner Occupied HU | 4,031 (79.3%) |
| Renter Occupied HU | 777 (15.3%) |
| Vacant Housing Units | 276 ( 5.4%) |
| Median Home Value | $377,438 |
| Average Home Value | $407,222 |
Housing Distribution
Address Breakdown
Residential
5,585
Single Family
4,368
Multi-Family
1,217
Businesses
295
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