8911 Owassa Rd, Evergreen, AL, 36401 | Equity Gain $1,536/yr

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Evergreen at 8911 Owassa Rd, Evergreen, AL, 36401 generates $0/mo in rent, after a $1,165/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -0.53% in year one, and rental yield is 0% on a $238,000 entry. Equity gained on principal adds $1,536/yr, while 5% annual appreciation builds toward $65,755 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.

Single Family

Built in 1987

1 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 36401, Evergreen, AL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,762 (100%)
Owner Occupied HU	1,965 (52.2%)
Renter Occupied HU	969 (25.8%)
Vacant Housing Units	828 (22.0%)
Median Home Value	$120,947
Average Home Value	$148,519