9187 Coronada RdElbertaAL36530
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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
Investment property for sale in Elberta at 9187 Coronada Rd, Elberta, AL, 36530 offers a 9.27% rental yield on a $189,900 purchase with $1,467/mo rent. Total monthly income registers $1,467/mo, and a $929/mo payment leaves $396/mo available for distribution. Annual cash flow reaches $4,747/yr on $62,952 to close, and return on cash invested stands at 27.45% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 142.55% and total cumulative return in cash at $89,741. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,467/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1995
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36530, Elberta, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,581 (100%) |
| Owner Occupied HU | 2,894 (63.2%) |
| Renter Occupied HU | 835 (18.2%) |
| Vacant Housing Units | 852 (18.6%) |
| Median Home Value | $286,771 |
| Average Home Value | $387,855 |
Housing Distribution
Address Breakdown
Residential
4,202
Single Family
4,202
Multi-Family
0
Businesses
154
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Listed by: Hayden Kaechele • Scout South Properties
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #355226
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.