7801 Elderberry DrSpanish FortAL36527
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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 Spanish Fort at 7801 Elderberry Dr, Spanish Fort, AL, 36527 generates $2,520/mo in rent, after a $3,020/mo payment. Total monthly income is $2,520/mo. Return on cash invested sits at 14.37% in year one, and rental yield is 4.9% on a $617,000 entry. Equity gained on principal adds $3,981/yr, while 5% annual appreciation builds toward $170,466 over five years. Five-year ROI reaches 72.39% and total cumulative return in cash sums $146,949. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,520/mo property income rather than buyer’s personal income.
Single Family
Built in 2015
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36527, Spanish Fort, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,139 (100%) |
| Owner Occupied HU | 5,682 (69.8%) |
| Renter Occupied HU | 1,768 (21.7%) |
| Vacant Housing Units | 689 ( 8.5%) |
| Median Home Value | $387,509 |
| Average Home Value | $441,848 |
Housing Distribution
Address Breakdown
Residential
7,791
Single Family
6,813
Multi-Family
978
Businesses
484
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Listed by: Lisa Coumanis • Wise Living Real Estate, LLC
Mls Name: Baldwin Realtors
Mls ID: #387171