9312 Bay Pines 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 9312 Bay Pines Rd, Elberta, AL, 36530 uses $56,322 cash to close to unlock $4,819/yr annual cash flow and $402/mo monthly cash flow. Total monthly income runs $1,361/mo, and a $832/mo payment keeps the spread at $402/mo. Purchase price stands at $169,900, and rental yield measures 9.61% with $1,361/mo rent. Return on cash invested shows 28.47% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 148.06% and total cumulative return in cash records $83,390. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,361/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 2006
6,534 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: Mickey Skipper • Skipper Land Company, LLC
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #380321
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.