1105 10th WayPleasant GroveAL35127
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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 Pleasant Grove at 1105 10th Way, Pleasant Grove, AL, 35127 generates $1,894/mo in rent and, after a $959/mo payment, leaves $788/mo in cash flow. Total monthly income is $1,894/mo, and annual cash flow is $9,457/yr on $64,941 invested. Return on cash invested sits at 34.47% in year one, and rental yield is 11.6% on a $195,900 entry. Equity gained on principal adds $1,264/yr, while 5% annual appreciation builds toward $54,124 over five years. Five-year ROI reaches 180.28% and total cumulative return in cash sums $117,077. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,894/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35127, Pleasant Grove, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,731 (100%) |
| Owner Occupied HU | 2,968 (79.5%) |
| Renter Occupied HU | 599 (16.1%) |
| Vacant Housing Units | 164 ( 4.4%) |
| Median Home Value | $243,053 |
| Average Home Value | $325,932 |
Housing Distribution
Address Breakdown
Residential
3,820
Single Family
3,820
Multi-Family
0
Businesses
151
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Listed by: Michael Hankins • Cliff Realty, LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21412782
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.