11480 Saint Joseph StNorthportAL35475
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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 Northport at 11480 Saint Joseph St, Northport, AL, 35475 uses $149,142 cash to close to unlock $17,944/yr annual cash flow and $1,495/mo monthly cash flow. Total monthly income runs $4,194/mo, and a $2,202/mo payment keeps the spread at $1,495/mo. Purchase price stands at $449,900, and rental yield measures 11.19% with $4,194/mo rent. Return on cash invested shows 31.94% in year one, and 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 167.13% and total cumulative return in cash records $249,262. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,194/mo property income covering a $2,202/mo payment rather than investor’s personal income.
Single Family
Built in 2023
0.39 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35475, Northport, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,630 (100%) |
| Owner Occupied HU | 7,087 (82.1%) |
| Renter Occupied HU | 773 ( 9.0%) |
| Vacant Housing Units | 770 ( 8.9%) |
| Median Home Value | $344,397 |
| Average Home Value | $388,751 |
Housing Distribution
Address Breakdown
Residential
7,347
Single Family
7,322
Multi-Family
25
Businesses
129
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Listed by: Robert Jonio • Keller Williams Tuscaloosa
Mls Name: WAMLS
Mls Provider:
Mls ID: #169426
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.