1229 15th StPleasant GroveAL35127
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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 Pleasant Grove at 1229 15th St, Pleasant Grove, AL, 35127 listed at $406,800 pairs $3,750/mo rent with a $1,991/mo payment to leave $1,348/mo cash flow. Total monthly income runs $3,750/mo, and annual cash flow reaches $16,178/yr on $134,854 cash to close. Return on cash invested measures 31.91% in year one, and rental yield registers 11.06% at a $406,800 basis. Equity gained on principal adds $2,625/yr, and annual property appreciation at 5% supports $112,391 by year five. Five-year ROI tracks 166.82% and total cumulative return in cash totals $224,967. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,750/mo property income relative to a $1,991/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
10,760 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35127, Pleasant Grove, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,731 (100%) |
| Owner Occupied HU | 2,968 (79.5%) |
| Renter Occupied HU | 599 (16.1%) |
| Vacant Housing Units | 164 ( 4.4%) |
| Median Home Value | $243,053 |
| Average Home Value | $325,932 |
Housing Distribution
Address Breakdown
Residential
3,820
Single Family
3,820
Multi-Family
0
Businesses
151
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Listed by: N/A • N/A
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