124 Shamrock LnPiedmontAL36272
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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
Rental property for sale in Piedmont at 124 Shamrock Ln, Piedmont, AL, 36272 priced at $349,000 converts $2,090/mo rent into $120/mo cash flow after a $1,708/mo obligation. Total monthly income equals $2,090/mo, and annual cash flow totals $1,443/yr on $115,694 invested. Return on cash invested prints 21.16% in year one, and rental yield reads 7.19% against a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation compiles into $96,422 by year five. Five-year ROI reaches 108.84% and total cumulative return in cash sums $125,916. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,090/mo property income covering a $1,708/mo payment, not borrower’s personal income.
Single Family
Built in 1983
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36272, Piedmont, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,988 (100%) |
| Owner Occupied HU | 4,062 (67.8%) |
| Renter Occupied HU | 1,138 (19.0%) |
| Vacant Housing Units | 788 (13.2%) |
| Median Home Value | $161,014 |
| Average Home Value | $181,000 |
Housing Distribution
Address Breakdown
Residential
5,681
Single Family
5,681
Multi-Family
0
Businesses
332
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