967 Elm AveElbaAL36323
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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 Elba at 967 Elm Ave, Elba, AL, 36323 earns $245/mo cash flow from $1,199/mo rent with a $827/mo payment. Total monthly income totals $1,199/mo, and annual cash flow totals $2,943/yr on $56,024 capital. ROI tracks 25.16% on current figures, and rental yield reads 8.51% at a $169,000 purchase. Equity gained on principal adds $1,091/yr, and 5% annual appreciation supports $46,692 over five years. Five-year ROI reaches 130.35% and total cumulative return in cash sums $73,027. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,199/mo property income instead of your personal income.
Single Family
Built in 1965
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36323, Elba, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,997 (100%) |
| Owner Occupied HU | 2,349 (58.8%) |
| Renter Occupied HU | 957 (23.9%) |
| Vacant Housing Units | 691 (17.3%) |
| Median Home Value | $119,821 |
| Average Home Value | $173,306 |
Housing Distribution
Address Breakdown
Residential
3,219
Single Family
3,095
Multi-Family
124
Businesses
193
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