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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Eclectic at 928 Central Rd, Eclectic, AL, 36024 priced at $335,650 pairs $1,680/mo rent with after a $1,643/mo payment. Total monthly income equals $1,680/mo. Return on cash invested is 17.59% in year one, and rental yield stands at 6.01% on a $335,650 basis. Equity gained on principal adds $2,166/yr, and 5% annual appreciation accumulates to $92,734 by year five. Five-year ROI measures 89.75% and total cumulative return in cash reaches $99,861. For financing, Ziffy Mortgage’s DSCR program evaluates $1,680/mo property income against a $1,643/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 36024, Eclectic, AL area.
| 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 |
Residential
3,136
Single Family
3,136
Multi-Family
0
Businesses
187
Date | Event | Price |
|---|---|---|
| 2024-05-07 | Listed for sale | $335,650 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Chad Barrett • REMAX Cornerstone Realty
Mls Name: MAAR
Mls Provider:
Mls ID: #556659
Disclaimer: Information is deemed reliable, but not guaranteed. Listing Information Copyright 2024 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS Inc. The information being provided is for consumers' personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS Inc. Real estate listings held by brokerage firms other than Zillow, Inc are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies.
