120 Hillbrook DrPike RoadAL36064
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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 Pike Road at 120 Hillbrook Dr, Pike Road, AL, 36064 earns $165/mo cash flow from $3,108/mo rent with a $2,398/mo payment. Total monthly income totals $3,108/mo, and annual cash flow totals $1,982/yr on $162,435 capital. ROI tracks 21.13% on current figures, and rental yield reads 7.61% at a $490,000 purchase. Equity gained on principal adds $3,162/yr, and 5% annual appreciation supports $135,378 over five years. Five-year ROI reaches 109.17% and total cumulative return in cash sums $177,324. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,108/mo property income instead of your personal income.
Single Family
Built in 2024
5,662 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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Listed by: Rebecca L. Haigler • New Waters Realty LLC
Mls Name: MAAR
Mls Provider:
Mls ID: #551732
Disclaimer: Information is deemed reliable, but not guaranteed. Listing Information Copyright 2024 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS Inc. The information being provided is for consumers' personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS Inc. Real estate listings held by brokerage firms other than Zillow, Inc are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies.