9672 Eagle Ridge DrWilmerAL36587
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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 Wilmer at 9672 Eagle Ridge Dr, Wilmer, AL, 36587 earns $218/mo cash flow from $2,560/mo rent with a $2,031/mo payment. Total monthly income totals $2,560/mo, and annual cash flow totals $2,613/yr on $137,573 capital. ROI tracks 21.81% on current figures, and rental yield reads 7.4% at a $415,000 purchase. Equity gained on principal adds $2,678/yr, and 5% annual appreciation supports $114,657 over five years. Five-year ROI reaches 112.31% and total cumulative return in cash sums $154,509. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,560/mo property income instead of your personal income.
Single Family
Built in 2006
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36587, Wilmer, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,805 (100%) |
| Owner Occupied HU | 3,697 (76.9%) |
| Renter Occupied HU | 699 (14.5%) |
| Vacant Housing Units | 409 ( 8.5%) |
| Median Home Value | $220,696 |
| Average Home Value | $248,182 |
Housing Distribution
Address Breakdown
Residential
4,104
Single Family
4,104
Multi-Family
0
Businesses
104
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