8705 Anise DrEight MileAL36613
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 Eight Mile at 8705 Anise Dr, Eight Mile, AL, 36613 listed at $196,900 pairs $1,567/mo rent with a $964/mo payment to leave $455/mo cash flow. Total monthly income runs $1,567/mo, and annual cash flow reaches $5,464/yr on $65,272 cash to close. Return on cash invested measures 28.28% in year one, and rental yield registers 9.55% at a $196,900 basis. Equity gained on principal adds $1,271/yr, and annual property appreciation at 5% supports $54,400 by year five. Five-year ROI tracks 147.07% and total cumulative return in cash totals $95,995. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,567/mo property income relative to a $964/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1979
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36613, Eight Mile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,237 (100%) |
| Owner Occupied HU | 3,502 (66.9%) |
| Renter Occupied HU | 1,154 (22.0%) |
| Vacant Housing Units | 581 (11.1%) |
| Median Home Value | $203,687 |
| Average Home Value | $258,898 |
Housing Distribution
Address Breakdown
Residential
4,852
Single Family
4,614
Multi-Family
238
Businesses
149
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A