11504 Forest Glen BlvdNorthportAL35475
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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 11504 Forest Glen Blvd, Northport, AL, 35475 uses $119,009 cash to close to unlock $6,225/yr annual cash flow and $519/mo monthly cash flow. Total monthly income runs $2,545/mo, and a $1,757/mo payment keeps the spread at $519/mo. Purchase price stands at $359,000, and rental yield measures 8.51% with $2,545/mo rent. Return on cash invested shows 25.14% in year one, and 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 130.17% and total cumulative return in cash records $154,915. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,545/mo property income covering a $1,757/mo payment rather than investor’s personal income.
Single Family
Built in 2008
N/A lot
$N/A/sqft
No 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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