1005 Princeton PlNorthportAL35473
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Northport at 1005 Princeton Pl, Northport, AL, 35473 at $390,000 posts ROI 31.82% with $1,284/mo cash flow from $3,485/mo rent. Total monthly income equals $3,485/mo, and annual cash flow records $15,402/yr on $129,285 to close. Return on cash invested measures 31.82% and rental yield reads 10.72% at the current $390,000. Equity gained on principal adds $2,517/yr, and 5% annual appreciation supports $107,750 by year five. Five-year ROI prints 166.02% and total cumulative return in cash totals $214,640.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,485/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1972
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35473, Northport, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,684 (100%) |
| Owner Occupied HU | 5,717 (65.8%) |
| Renter Occupied HU | 2,419 (27.9%) |
| Vacant Housing Units | 548 ( 6.3%) |
| Median Home Value | $277,844 |
| Average Home Value | $372,403 |
Housing Distribution
Address Breakdown
Residential
7,688
Single Family
6,852
Multi-Family
836
Businesses
315
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