8411 Kowaliga RdEclecticAL36024
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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 Eclectic at 8411 Kowaliga Rd, Eclectic, AL, 36024 priced at $299,000 pairs $1,330/mo rent with after a $1,463/mo payment. Total monthly income equals $1,330/mo. Return on cash invested is 15.58% in year one, and rental yield stands at 5.34% on a $299,000 basis. Equity gained on principal adds $1,929/yr, and 5% annual appreciation accumulates to $82,608 by year five. Five-year ROI measures 78.95% and total cumulative return in cash reaches $78,250. For financing, Ziffy Mortgage’s DSCR program evaluates $1,330/mo property income against a $1,463/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1990
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36024, Eclectic, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,016 (100%) |
| Owner Occupied HU | 2,445 (60.9%) |
| Renter Occupied HU | 467 (11.6%) |
| Vacant Housing Units | 1,104 (27.5%) |
| Median Home Value | $268,794 |
| Average Home Value | $351,645 |
Housing Distribution
Address Breakdown
Residential
3,136
Single Family
3,136
Multi-Family
0
Businesses
187
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