12912 Rolling Meadows CirNorthportAL35473
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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 Northport at 12912 Rolling Meadows Cir, Northport, AL, 35473 offers a 10.94% rental yield on a $468,000 purchase with $4,267/mo rent. Total monthly income registers $4,267/mo, and a $2,291/mo payment leaves $1,600/mo available for distribution. Annual cash flow reaches $19,200/yr on $155,142 to close, and return on cash invested stands at 32.28% in year one. Equity gained on principal adds $3,020/yr while 5% annual appreciation supports $129,300 over five years. Portfolio math shows five-year ROI at 168.55% and total cumulative return in cash at $261,485. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,267/mo property income against a $2,291/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2013
0.56 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35473, Northport, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,684 (100%) |
| Owner Occupied HU | 5,717 (65.8%) |
| Renter Occupied HU | 2,419 (27.9%) |
| Vacant Housing Units | 548 ( 6.3%) |
| Median Home Value | $277,844 |
| Average Home Value | $372,403 |
Housing Distribution
Address Breakdown
Residential
7,688
Single Family
6,852
Multi-Family
836
Businesses
315
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Listed by: Caitlin Tubbs Wilson • HAMNER REAL ESTATE
Mls Name: WAMLS
Mls Provider:
Mls ID: #169604
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.