12040 Highway 231Union GroveAL35175
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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 Union Grove at 12040 Highway 231, Union Grove, AL, 35175 earns $614/mo cash flow from $3,120/mo rent with a $2,173/mo payment. Total monthly income totals $3,120/mo, and annual cash flow totals $7,368/yr on $147,186 capital. ROI tracks 24.91% on current figures, and rental yield reads 8.43% at a $444,000 purchase. Equity gained on principal adds $2,865/yr, and 5% annual appreciation supports $122,669 over five years. Five-year ROI reaches 128.95% and total cumulative return in cash sums $189,798. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,120/mo property income instead of your personal income.
Single Family
Built in 1993
4.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35175, Union Grove, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,393 (100%) |
| Owner Occupied HU | 1,817 (75.9%) |
| Renter Occupied HU | 355 (14.8%) |
| Vacant Housing Units | 221 ( 9.2%) |
| Median Home Value | $263,039 |
| Average Home Value | $306,187 |
Housing Distribution
Address Breakdown
Residential
2,346
Single Family
2,346
Multi-Family
0
Businesses
66
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Listed by: Ivan Croes • Southern Elite Realty
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21873048
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