994 Sunset BlvdElbaAL36323
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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
Rental property for sale in Elba at 994 Sunset Blvd, Elba, AL, 36323 generates $2,416/mo in rent and, after a $1,517/mo payment, leaves $667/mo in cash flow. Total monthly income is $2,416/mo, and annual cash flow is $7,998/yr on $102,765 invested. Return on cash invested sits at 27.69% in year one, and rental yield is 9.35% on a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 143.88% and total cumulative return in cash sums $147,859. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,416/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
5 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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