1115 Celeste Springs DrSaralandAL36571
Nearby investment properties with comparable rents
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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 Saraland at 1115 Celeste Springs Dr, Saraland, AL, 36571 listed at $989,000 pairs $4,070/mo rent with a $4,841/mo payment. Total monthly income runs $4,070/mo. Return on cash invested measures 14.16% in year one, and rental yield registers 4.94% at a $989,000 basis. Equity gained on principal adds $6,382/yr, and annual property appreciation at 5% supports $273,242 by year five. Five-year ROI tracks 71.34% and total cumulative return in cash totals $232,134. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,070/mo property income relative to a $4,841/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
4.13 Acres lot
$N/A/sqft
$1,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36571, Saraland, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,183 (100%) |
| Owner Occupied HU | 4,858 (67.6%) |
| Renter Occupied HU | 1,840 (25.6%) |
| Vacant Housing Units | 485 ( 6.8%) |
| Median Home Value | $226,544 |
| Average Home Value | $253,096 |
Housing Distribution
Address Breakdown
Residential
7,051
Single Family
6,242
Multi-Family
809
Businesses
737
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Listed by: Kimberly Carter • Keller Williams Mobile
Mls Name: GCMLS
Mls Provider:
Mls ID: #7582912
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.