1020 Forest AveJacksonAL36545
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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 Jackson at 1020 Forest Ave, Jackson, AL, 36545 priced at $120,000 converts $939/mo rent into $262/mo cash flow after a $587/mo obligation. Total monthly income equals $939/mo, and annual cash flow totals $3,144/yr on $39,780 invested. Return on cash invested prints 27.81% in year one, and rental yield reads 9.39% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 144.51% and total cumulative return in cash sums $57,487. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $939/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1955
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36545, Jackson, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,263 (100%) |
| Owner Occupied HU | 2,707 (63.5%) |
| Renter Occupied HU | 903 (21.2%) |
| Vacant Housing Units | 653 (15.3%) |
| Median Home Value | $208,034 |
| Average Home Value | $240,368 |
Housing Distribution
Address Breakdown
Residential
3,773
Single Family
3,600
Multi-Family
173
Businesses
391
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