12842 N Country DrNorthportAL35475
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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 Northport at 12842 N Country Dr, Northport, AL, 35475 generates $2,383/mo in rent and, after a $1,419/mo payment, leaves $747/mo in cash flow. Total monthly income is $2,383/mo, and annual cash flow is $8,959/yr on $96,102 invested. Return on cash invested sits at 29.23% in year one, and rental yield is 9.86% on a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 152.14% and total cumulative return in cash sums $146,205. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,383/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
0.37 Acres 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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