115 Forest Glen DrPike RoadAL36064
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
Investment property for sale in Pike Road at 115 Forest Glen Dr, Pike Road, AL, 36064 at $524,900 posts ROI 23.08% with $435/mo cash flow from $3,676/mo rent. Total monthly income equals $3,676/mo, and annual cash flow records $5,219/yr on $172,692 to close. Return on cash invested measures 23.08% and rental yield reads 8.4% at the current $524,900. Equity gained on principal adds $3,387/yr, and 5% annual appreciation supports $145,020 by year five. Five-year ROI prints 119.8% and total cumulative return in cash totals $206,893.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,676/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2021
7,405 sqft lot
$N/A/sqft
$532 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36064, Pike Road, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,084 (100%) |
| Owner Occupied HU | 4,031 (79.3%) |
| Renter Occupied HU | 777 (15.3%) |
| Vacant Housing Units | 276 ( 5.4%) |
| Median Home Value | $377,438 |
| Average Home Value | $407,222 |
Housing Distribution
Address Breakdown
Residential
5,585
Single Family
4,368
Multi-Family
1,217
Businesses
295
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Nearby investment properties with comparable prices
Listed by: Emily Blossom • New Waters Realty LLC
Mls Name: MAAR
Mls Provider:
Mls ID: #561679
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