114 Sara AveSpanish FortAL36527
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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 Spanish Fort at 114 Sara Ave, Spanish Fort, AL, 36527 priced at $289,900 converts $2,520/mo rent into $884/mo cash flow after a $1,419/mo obligation. Total monthly income equals $2,520/mo, and annual cash flow totals $10,603/yr on $96,102 invested. Return on cash invested prints 30.94% in year one, and rental yield reads 10.43% against a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation compiles into $80,094 by year five. Five-year ROI reaches 161.3% and total cumulative return in cash sums $155,013. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,520/mo property income covering a $1,419/mo payment, not borrower’s personal income.
Single Family
Built in 1966
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36527, Spanish Fort, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,139 (100%) |
| Owner Occupied HU | 5,682 (69.8%) |
| Renter Occupied HU | 1,768 (21.7%) |
| Vacant Housing Units | 689 ( 8.5%) |
| Median Home Value | $387,509 |
| Average Home Value | $441,848 |
Housing Distribution
Address Breakdown
Residential
7,791
Single Family
6,813
Multi-Family
978
Businesses
484
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Listed by: Christian Flynn • Ashurst & Niemeyer LLC
Mls Name: Baldwin Realtors
Mls ID: #390194