1146 Northridge TrceAlbertvilleAL35951
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Albertville at 1146 Northridge Trce, Albertville, AL, 35951 generates $4,003/mo in rent and, after a $2,789/mo payment, leaves $787/mo in cash flow. Total monthly income is $4,003/mo, and annual cash flow is $9,439/yr on $187,497 invested. Return on cash invested sits at 25.09% in year one, and rental yield is 8.43% on a $569,900 entry. Equity gained on principal adds $3,677/yr, while 5% annual appreciation builds toward $157,453 over five years. Five-year ROI reaches 129.9% and total cumulative return in cash sums $243,558. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,003/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
3.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35951, Albertville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,653 (100%) |
| Owner Occupied HU | 3,723 (65.9%) |
| Renter Occupied HU | 1,523 (26.9%) |
| Vacant Housing Units | 407 ( 7.2%) |
| Median Home Value | $153,580 |
| Average Home Value | $236,315 |
Housing Distribution
Address Breakdown
Residential
5,671
Single Family
5,532
Multi-Family
139
Businesses
166
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gabe Henderson • Main Street Realty Plus, LLC
Mls Name: ValleyMLS
Mls ID: #21897951