10470 Union Grove RdUnion GroveAL35175
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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 Union Grove at 10470 Union Grove Rd, Union Grove, AL, 35175 offers a 7.68% rental yield on a $250,000 purchase with $1,601/mo rent. Total monthly income registers $1,601/mo, and a $1,224/mo payment leaves $190/mo available for distribution. Annual cash flow reaches $2,274/yr on $82,875 to close, and return on cash invested stands at 22.65% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 116.86% and total cumulative return in cash at $96,850. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,601/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2018
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35175, Union Grove, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,393 (100%) |
| Owner Occupied HU | 1,817 (75.9%) |
| Renter Occupied HU | 355 (14.8%) |
| Vacant Housing Units | 221 ( 9.2%) |
| Median Home Value | $263,039 |
| Average Home Value | $306,187 |
Housing Distribution
Address Breakdown
Residential
2,346
Single Family
2,346
Multi-Family
0
Businesses
66
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Listed by: Kristi Garrison • Redstone Realty Solutions-DEC
Mls Name: ValleyMLS
Mls ID: #21892094